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Many companies, even those with established systems for other business functions, still rely on excel when it comes to their budgeting and planning needs. This often means a drawn-out planning period, constant updating of formulas and versions and .
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In our continuing series about inventory management and control best practices, let’s go on to see some additional practices that are important, or even crucial, to successful supply chain efforts.
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In Part 1 and Part 2 of this series, we talked about controlling inventory, before being able to competently manage inventory. We also talked about some other best practices for organizing inventory in your warehouse. Let’s go on to see what other .
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In Part 1 of this series, we talked about controlling inventory, before being able to competently manage inventory. Now, let’s talk about some other best practices.
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It's unquestionable that you cannot manage your inventory if you do not control your inventory. Many times, I have been told, “Our people just don’t trust the numbers they see in the ERP (Enterprise Resource Planning) system. Everything has to be .
Continue readingRecently I went back to watch “Moneyball” again. The 2011 film is based on the real life story of Oakland A’s general manager Billy Beane and a statistician by the name of Paul DePodesta. These two men changed the game of baseball by changing how .
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