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Week 30 – Inventory Management Mistakes, Part 3
Inventory policy should use the parameters of your environment along with operations science and math to help you adjust to variability yet arrive at planned performance as expected.
Week 29 – Inventory Management Mistakes, Part 2
We have seen inventory managers and planners make the mistake of monitoring on-hand to determine how much inventory they should order. This is an incomplete approach and we describe the appropriate measure for good control.
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