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Is Your Company a SLOB – Part 2

In our posting "Is Your Company a SLOB - Part 1," we reviewed the subject of excess and obsolete (E&O)…

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Is Your Company a SLOB – Part 1

In the world of inventory management, there is a term Excess & Obsolete, E&O, used to designate two classes of…

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Can you beat the House?

Go to a Casino, any Casino.  They are glitzy, shiny, edifices.  They are exciting places to be.  Judging by  the…

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Software is Only Part of the Answer

Many companies of every size will look at software to improve their operations and rightly they should. Having the right…

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MRP and Inventory Management

Most companies use Material Requirement Planning (MRP) software or an MRP module of an ERP to plan and manage the…

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Inventory – A Historical Perspective

In the earliest points in human history, as our earliest people became hunter-gatherers, there had to be some inventory management.…

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