Stock coverage: importance and practical application of the indicator
The inventory coverage indicator is an essential metric for efficient inventory management in any company. It allows you to evaluate […]
The multidisciplinary nature of the search for inventory balance
In recent months, I have interacted with executives from large industries through projects and courses and the pain has been very […]
Initiatives to reduce food waste and optimize inventory
Food waste is a major global problem. According to the Food and Agriculture Organization of the United Nations […]
The importance of inventory management
Can you imagine if, when arriving at a bar, you asked the waiter for a beer and he informed you that it would be necessary to wait […]
The difference between inventory and storage
The concepts of inventory management and storage management can be somewhat confusing for some people to differentiate them, especially for those […]
Economic Batch Purchase in practice
One of the most consolidated models in inventory management theory is the Economic Purchase Lot (LEC), which responds […]
When to centralize and when to decentralize inventory?
I have already written here in this same space about the dilemma of companies in producing to order (make to order) or producing to stock (make […]
Innovation in inventory management as a means of differentiation
With the advancement and consolidation of changes in habits brought about by the Covid-19 pandemic, the search for a better level of service […]
Review of inventory policy parameters
Over the months of 2020, the population has been adapting to the decrease in quarantine and the relaxation of […]
Starbucks and artificial intelligence: gain productivity to focus on customer interaction
The development of artificial intelligence skills is one of the main pillars of Starbucks' digital strategy and vision of the future. […]
When to make to stock and when to make to order?
An important definition for companies is the decision to produce to stock (make to stock) or to order (make to order). […]
The neglected role of inventory
I have noticed that some retail or direct selling companies have an extra challenge when it comes to planning inventories. […]
