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. https://cerasis.com/inventory-management-mistakes/
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SHARESHARESHARE
INVENTORY MANAGEMENT MISTAKES: WHAT SUPPLY CHAIN LEADERS AND MANAGERS NEED TO KNOW
Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net, the costliest problem is due in large part to poor inventory visibility and planning. More than 60 percent of wholesalers routinely keep more than one month of inventory on-hand, and since 77 percent of businesses lose sales due to poor inventory management, such as not locating inventory close enough to consumers, the effects can be astounding. READ MORE