8 Ways to Reduce Your Inventory Investment

Thursday, October 31, 2013 , Cost Reduction, by Rich Rafdahl

One of the most challenging aspects of procurement and supply chain management is inventory control.  In larger organizations these two responsibilities are often managed by separate staff.  The purchasing staff is responsible for costs, contracts, negotiations, supplier selection and evaluations, market knowledge, new products, new services and future trends.  The inventory management team is typically responsible  Read More..