How do you maximize your inventory turnover so you don't carry too much inventory, but don't run out?
Are you using Distribution Requirements Planning or some other algorithim?
How to improve inventory turnover?
Answers
In brief:
1. look at introducing Sales and Operational Planning (S&OP), also known as IBP (Integrated Business Planning) - it is a
2. look at aligning an improving the following "transaction/
-opportunity-to-order process
-demand forecasting
-order management/fulfillment
-production planning and scheduling
-inventory management
-supply chain management
Filed Under:
Accounting