Inventory Management

Push Vs Pull

The idea that a company that practices pull supply chain methodologies will suddenly enjoy massive inventory savings and replenishment nirvana can be as flawed as the belief that the company that practises push supply chain methodologies will maximise sales and freshness in stores. If you only use supply-side/ push methodology, your Read more…

By riteshkapur, ago

Planning for Inventory Optimization? Ask yourself these questions

Demand uncertainty and supply rigidity often create inventory shortages. The immediate consequence of inventory shortages might be significant lost sales and revenue ; however, the impact of stockouts cannot be fully evaluated without understanding how inventory shortages influence long-term customer behaviour.  In practice, the most common tactic for preventing stock outs Read more…

By riteshkapur, ago