When something breaks down in logistics, it doesn’t stay isolated for long. Something gets dropped somewhere, a truck leaves late, someone guesstimates on an inventory count, and suddenly the chain feels more fragile than it did before. When you’re new, the instinct is to try…
Choose one item that has a frequent need and would cause problems if it ran out. This could be labels, gloves, cleaning supplies, etc. On a piece of paper or a computer note, next to the name of the item, write down the quantity that…
In the beginning, procurement can seem somewhat abstract. You study about supplier selection, lead time, cost, and purchase orders, but nothing seems to stick in your brain. This is usually because your studies are stuck in the realm of definitions. It might help to think…
The biggest obstacle to learning inventory is that it initially seems more complex than it actually is, which is a result of starting with an attempt to track everything at the same time. You perform a count, receive a shipment, can’t find a box, and…