Ten Inventory Management Questions from Bain Management
Inventory management is often the Achilles heel of an organization. It is perhaps the biggest material risk that a business takes with respect to operating capital. Holding too much inventory depletes cash and keeps a business from being able to invest strategically while holding too little inventory can depress sales. Another often overlooked aspect of inventory management is spoilage or obsolescence which literally takes good money and makes it worthless.
Bain has developed a simple ten question tutorial on the basics of inventory control. The link below will take you too it.
http://www.bain.com/bainweb/PDFs/cms/Public/BAIN_Industry_Brief_Inventory_management.pdf
Source: Joe Wallace, Hadannah Business Solutions
