Today we want to look at the negative impact that inventory can have upon our profits and performance. Consider a few examples of our inventory “gone wild.” Inventory management is admittedly one of ...

Empty grocery store shelves in April 2020 and bare car dealerships in 2021 led to a lot of finger pointing. And much of the blame fell on lean inventory or just-in-time supply chain management.

The COVID-19 pandemic has created unprecedented challenges for the auto industry, delaying launches, halting production, and necessitating new safety protocols. However, much like the rest of society, ...

Beyond Meat will keep costs and inventory lean as it aims to turn cash-flow positive this year despite some budget-conscious consumers opting for cheaper alternatives to plant-based proteins, ...

If you are in the accounting department in a lean manufacturing company, and your company uses a standard costing system, it is inevitable that the you will be faced with dealing how your standard ...

Another wave of lockdowns will renew concerns about supply chains and shortages. As a grower of fresh mushrooms, for decades I experienced the difficulties of filling orders during wild fluctuations ...

The inventory planning process in consumer packaged goods has followed a specific sequence for several years. The process ...

Chevy dealer inventory levels were ranked among the lowest in the U.S. auto market last month as sales pace decreased across the industry, per the latest data.

As many participants in this discussion already have noted, managing inventory is a tough challenge – and it directly relates to costs. Conventional wisdom maintains that when a company has too much ...

The results are in. Most retail companies have reported sales and earnings for the third quarter of 2019. Inventories were well under control by most retailers despite somewhat lower sales. As my ...