Focus on the Fundamentals - Page 5 of 9

By Ray Goodman

One day’s delay in expediting a critical purchase order, for example, can mean the difference between a shipment spending three weeks on a boat or three days in the air.

What to Do About It
When it comes to inventory management, the key word is “act.” The longer it takes for you to act, the more opportunities you miss and the more costly the consequences. This applies to every point in the process.

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Ray Goodman Author's page Ray has been a consultant to various direct marketing companies across the country. His goal is to streamline the merchandising and marketing planning processes inherent in multichannel marketing. He works closely with clients and industry experts to develop new methodologies and tools for merchandising and inventory control. He says, "It's exciting to work with our staff customers to help evolve our applications. I'm proud of the way our staff works together to bring our visions from concept to product." Ray has been with Direct Tech since 1994. His primary responsibility is directing the development of Direct Tech products. He's been a featured speaker on inventory forecasting and management at various industry conferences.

Inventory Management: Focus on the Fundamentals