Can a Business Have Too Much Inventory?
Having too much inventory ultimately leads to increased inventory costs (holding and operational costs) and longer lead times for customers.
Can a Business Have Too Much Inventory? Read More »
Inventory Management
Inventory Levels vs Lead Time: Work-In-Progress and Little’s Law
Does having more inventory mean faster or slower lead times? In this article we’ll discuss the factors affecting lead times and how we can use Little’s Law.
Inventory Levels vs Lead Time: Work-In-Progress and Little’s Law Read More »
How Much Inventory Should a Business Buy / Hold? – Inventory Management
Inventory mgmt has a big impact on the costs of running a business. Order quantity and order frequency are both important factors: just in time vs just in case.
How Much Inventory Should a Business Buy / Hold? – Inventory Management Read More »
How much “Work-in-Progress” (WIP) Inventory is best?
Should we strive to have as little Work in Progress inventory (WIP) as possible? Read on to learn about reducing batch sizes and the many factors affecting WIP.
How much “Work-in-Progress” (WIP) Inventory is best? Read More »
