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  • Understanding the true cost of inventory
    will monitor your own quarterly sales volumes and confer with Sales and Inventory Management, before suggesting any changes to these volumes with your supplier. 4) If possible, it will involve regular visits to your supplier to ensure that your inventories are being maintained. Any failure by your supplier
  • Five ways to lower inventory costs
    a company should be able to sell through its inventory varies greatly by industry and also depends on your inventory value. Blanket orders or stocking agreements are another way to avoid holding large inventories. In this case, the buyer issues a blanket purchase order and the supplier agrees to ship
  • Ultrasonic Sensors Monitor Tank Inventory Level
    A distributor in Indiana used USR6 short-range ultrasonic sensors on his bulk liquid tanks to gauge the volume of product left in his tank before he needed to call for a delivery to replenish the inventory. Since this application was not in a hazardous area or used for custody transfer
  • Fishbowl Inventory - Advanced Inventory Control Software (.pdf)
    , inventory control, warehouse management and manufacturing. In the past, this meant leaving QuickBooks and buying software systems costing upwards of $100,000 with reoccurring costs of $20,000 a year-costs typically outside the budget of small and medium-sized companies. Additionally, these systems
  • Wireless Inventory Management
    Any industry can benefit from a real-time wireless inventory reporting system. that can be conveniently accessed from the inventory manager's desk. SSI Wireless utilized Tekscan's sensor technology to develop a prototype Real Time Wireless Inventory Reporting system. This prototype system
  • The Fuss About Inventory
    Operational Excellence & Lean Six Sigma Operational Excellence & Lean Six Sigma The Impact of Inventory Turns on Speed, Quality, and Costs Novartis: Suffern Plant Becomes a Global Role Model Lean Manufacturing and Pharma: An Interview with Phil Emard The Life Cycle Institute Partners
  • Improving Tank Temperature Measurement to Optimize Inventory Control and Custody Transfer Systems
    , in ways as simple as glass thermometers hung in a tank or as sophisticated as a tank gauging system mounted on the tank roof. Temperature has the most significant effect on the accurate determination of liquid quantities when correcting to standard conditions for custody transfer and inventory control
  • Smart Inventory Solutions: 7 Actions for MRO and Indirect Inventory Reduction
    Smart Inventory Solutions: 7 Actions for MRO and Indirect Inventory Reduction. Offering a sure fire approach that minimizes your workload, this landmark manual shows how you can efficiently and sustainably achieve your inventory reduction, free up cash, and reduce your costs without risk and impact