The Inventory Iceberg

The Inventory Iceberg In 1912, the Titanic left England on it’s way to New York, but it never made it. The iceberg it hit in the North Atlantic, by most estimates, was only small to medium-sized. But the message that iceberg sent was clear: No matter how large the ships, or how great their engineering, they…

Inventory SOOP

Inventory SOOP We have all heard the saying, “You can’t see the forest through the trees”.  Have you ever stopped to think about what it really means? Sometimes you can be so close to a situation, you lose sight of the big picture. Nowhere is this truer than with inventory replenishment.  Often when buyers sit…

Are high turns killing your profits?

Are high turns killing your profits? For years, finding the most successful distributor was easy. All you had to do was look at the number of times each year they turned over their inventory. The more their inventory turned, the less they were paying in carrying cost. The less they paid in carrying cost, the…