Inventory Management: Focus on the Fundamentals
Follow through and act on what you know; then take it from there
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Ray Goodman
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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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