Supply Chain Visibility Best Practices » Inventory management http://www.supplychainvisibility.org A source for news, information and insight on maintaining visibility into the supply chain. Mon, 26 Jul 2010 21:32:04 +0000 en hourly 1 http://wordpress.org/?v=3.0 Increased Emphasis on Inventory Management, According to New Study http://www.supplychainvisibility.org/supply-chain-visibility/increased-emphasis-on-inventory-management-according-to-new-study http://www.supplychainvisibility.org/supply-chain-visibility/increased-emphasis-on-inventory-management-according-to-new-study#comments Tue, 16 Jun 2009 21:39:32 +0000 SCVBestPractices http://www.supplychainvisibility.org/?p=78 According to Aberdeen Group’s new report – Inventory Management: 3 Keys to Freeing Working Capital - the top action companies have taken in response to the recession is inventory reduction. In the report, 91% of 137 executives surveyed indicated that they are re-evaluating inventory management, and 61% said that they are looking at inventory technology enhancements. The report gives three “steps to success” that companies can take to manage their inventory more efficiently: 1) Segment finished goods inventory based on financial performance. 2) Move away from “rule of thumb” inventory target settings. 3) Integrate inventory target settings into S&OP meetings.

Aberdeen is offering a free copy of the report to those who register here before July 31. After that date, the report will be available for purchase here on Aberdeen.com.

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