Page
Create A Holistic View
Completion requirements
View
In conclusion, inventory is the measuring tool of your entire supply chain. It reflects the agility and profitability of your supply chain. The only sustainable way to reduce inventory is to improve your supply chain processes. To do this, your organization needs an end-to-end view of the entire chain, and the barriers between departments need to be torn down.
Distributors and manufacturers that keep a close eye on the following KPI’s will effectively reduce inventory levels and improve inventory turns:
- Target service levels
- Capital tied up in stock
- Back-order recovery
- Supplier performance