Category Archives: Inventory Drivers

Explain it with IQR !

Are you constantly tasked to reduce inventory? Having difficulty explaining proper inventory levels to higher ups that only see dollars? Is it to the point whereas you’re reducing the good inventory along with the bad? It’s time to adopt Inventory … Continue reading

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Harry’s Law of Inventory Management

Flow down requirements then let God sort it out. That seems to be a common practice in today’s manufacturing environment.   During order entry and subsequent maintenance a trained inventory manager can easily discern rather a customer is simply dumping … Continue reading

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Lean Inventory – Beyond Cycle Counting

This discussion should be a no brainier to true lean practitioners however for some reason this point oftentimes is not driven throughout the organization.   Why is real time inventory accuracy so important? The high level reason that investors want … Continue reading

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The Cost Accountant your Hidden Resource

Excess inventory and cost overruns plague companies large and small. While searching for large global solutions don’t overlook solutions that are quick and easy. One continually overlooked issue is review of your assumption prior to production. After receipt of a … Continue reading

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Stock Room Clerks the Sentries of Inventory

One common excess inventory driver is a direct result errant transaction within storerooms of companies. The problem is easy to correct with proper training however these errors usually go unnoticed except by material planning personnel who are experienced in tracing … Continue reading

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Excess Inventory Drivers

Recently decided to add category named inventory drivers. This will contain issues opportunities of inventory management from a tactical perspective. All too often we overlook the simple drivers to excess inventory while we search for complex global solutions. Why is … Continue reading

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