To many manufacturers, inventory is a benign building block of sales. To others, it is anathema, a cost drain to be driven out of warehouses and off the balance sheet. When the Great Recession hit in late 2008 and set up camp in 2009, the inventory and supply chains that had sustained manufacturers in better times became a noose around their neck, saddling them with product they couldn’t off-load to customers. Below you’ll find resources for planning your supply chain and inventory strategies so that you aren’t caught flat-footed next time.
RESEARCH REPORTS & STUDIES
“Inventory Management”
The U.S. Small Business Administration offers manufacturers and retailers a thorough and cogent description of best inventory management practices, with specific action steps you can take to improve your inventory quotient.