Inventory Control
Now’s a Good Time to Cover Your Assets
If you want to see a business owner cringe, ask him about his inventory. He will begin talking in a language few souls on the planet understand, using industry terms like “inventory turns,” “FIFO,” “LIFO” and “cycle counting.” If you are still standing there by the time he gets to “COGS” (cost of goods sold), … Read more
Warehouse Warehouse KPI’s – Who’s in Your “Fav-Five?”
As a distribution professional, you have several key performance indicators you are always aware of. The operations and fulfillment field includes many KPIs–quantifiable measurements that reflect the success factors of an organization. But which warehouse KPIs are in your “Fav Five?” Here are mine, in descending order. Returns processed By this I mean returns processed … Read more
Even in tough times, Bardon Supplies Ltd. focuses on what’s important: Customer Service
At a time when many wholesale distributors are cutting costs, instituting layoffs, freezing wages and just not spending any money, Bardon Supplies Ltd. decided that if it is to survive the current economic downturn it must focus on two key areas in its supply chain: its customers and its warehouse. To talk about investing in … Read more
NO ONE WANTS TO HEAR THEY HAVE AN UGLY BABY!
COVID-19 infections filling up hospitals, gas is up over $4.50 a gallon, Inflation running rampant, transportation costs are going through the roof, your employees are struggling to keep their homes and your customers are scrutinizing every cost on their invoices. I think it is safe to assume our economy is in trouble. This means your … Read more