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How to Shape Up the Inventory when you have 5000+ SKU’s
The goal: NO EXCESS INVENTORY These days, independent retailers cannot afford one piece of excess inventory. Storage costs, insurance, pilferage, damage, depreciation, taxes and interest on loans add up to 30 percent annually to the cost of the goods you carry. Because those costs continue to rise, tight inventory control is still one of the best investments you can make - especially during the buying season.

Other supply inventory Related Articles

How can I promote kanban procurement practices?
Member Question: How can I promote kanban procurement practices to single-source suppliers who have no incentive to increase their inventory (raw, WIP or FGDs)? Julian, Supply Chain Manager Houston
Fine-tuning materials management in the health-care industry
Exploring the benefits of standardizing your inventory management system all the way to the supply closet.
Just In Time, or Just In Case
The modern system of inventory control is Just in Time, from the Toyota Production System. The vendor ships just in time for the operation to process and assemble components. It is generally agreed that JIT demands the utmost in close scheduling, reliable vendors and supply chain cooperation; and results in best floor space utilization, lowest capital tied up in inventory, least spoilage and product damage, and best quality because any errors are caught more quickly. The alternative is Just In Case; inventory is ordered in advance to allow for eventualities. Your organization probably depends on some of each.
The Power of Greening Supply Chains
Sustainable supply chains are an integral part of a rapidly growing trend that is transforming businesses around the world. Many organizations are looking at supply chain sustainability as a new measure of profitable logistics management. Increasing companies are adding value to their offerings by using sustainable supply chain reporting as a central part of their strategy. Puma, Walmart and HP are three examples of companies that are leveraging their buying power to increase sustainability throughout their supply chains. Research funded by the European Supply Chain Institute (ESCI) indicates that IT supply chains afford significant opportunities for carbon reduction.

Inventory Financing as a Working Capital Solution
Why an Inventory Finance Solution can be a Competitive Edge . Information on why Canadian business owners should focus on a specialized inventory financing solution for their firm when inventory plays a key role in your working capital mix .

Inventory Loans – Financing Inventory Assets
A inventory financing Strategy for Canadian Business -Information on inventory loans and inventory financing in Canada . Why inventory financing is a key component to working capital and profit growth.
Inventory Finance – Working Capital from an Inventory Loan
Information on Inventory Financing in Canada ;Information on how to view inventory finance in the context of obtaining a separate inventory loan, or a financing which includes inventory as a working capital component .

A Different Solution for Business Inventory Financing
Information on Canadian Inventory Finance ;Information for Canadian business owners and financial managers on business inventory financing and the need to control and report on inventory to reduce inventory financing costs.
The Myth Of Inventory Finance Companies
The Real Scoop on Inventory Financing In Canada ;Information for Canadian business owners and financial managers on the ability to finance inventory, are there true inventory finance companies, and , if so, what criteria are critical to obtain inventory financing .

Hang on! More Foreclosures Are Coming
So what’s the bottom Line here? Although the number of delinquent properties and shadow inventory continue to rise, early indications seem to point toward a reality check sometime in the near future. Once existing inventory is purchased, expect a significant lag time to meet growing demand. In other words, supply will once again have to catch up with demand. Currently, distressed homeowners have reduced expenses, moved in with family and made other temporary arrangements in an effort to “ride out the storm.” I expect that short term solutions will eventually give rise to the need for permanent housing.
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