Keeping the cost of goods down to stay competitive, relies heavily on your ability to keep down your own costs. Finding ways to cut the “fat” can help you to pass on the savings to your clients/customers. Some areas are impossible to trim away costs from but some areas you can trim away costs from.
Any supply chain for any organization knows that risk is profound. Inventory is the number one asset for most organizations so protecting it always takes precedence but of course risk to inventory is not the only risk factor. When you look at the numbers concerning compensable injuries in the workplace, especially in warehouses, it is […]
The Tesla inventory management system and Tesla’s supply chain strategy has gotten a lot of attention. Some of it good and unfortunately some of it bad. The good comes from the revolutionary vision that Elon Musk has for his company and the possibilities of what a full on vertically integrated supply chain can look like, […]