A robust Sales and Operations Planning process is vital for bringing together key functional departments — Sales, Marketing, Engineering, and Operations — in order to determine how best to manage company resources and make future investments. It makes the following possible:
While most companies understand that inventory can become a liability if not properly managed, many inventory management strategies and reduction programs fall short of expectations. More often than not, this is because the scope of the strategy is too narrowly focused or the reduction program is executed out of sequence.
The following outlines the suggested approach and sequence of execution that enables our customers to implement a strong value chain in which they can deploy a solid inventory management strategy that meets their objectives and expectations.
