Sammy Ngum

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Justification for Inventory

By Sammy Ngum May 17, 2018 - Blog, Change Management, Supply Chain Management, Value Solutions by Sammy Ngum

Inventory management continues to be a contentious issue in organizations due to the costs (storage and holding) often tied to excess or shortages in inventory. Excess inventory is often symptomatic of inherent problems in the manufacturing and/or procurement processes. Shortages, on the other hand, result in missed sales, reduced customer loyalty and the inability to…

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