Subscribe
Select Topics

What does one percent inventory accuracy mean to your operation?

Rafael Granato
by Rafael Granato on Mar 12, 2019 21:21:50 PM

Warehouse Inventory Drones 2019

As you may know, our CEO, Matt Yearling, contributes regularly to logisticsviewpoints.com with guest articles. Logisticsviewpoints.com mission is to provide logistics professionals with clear and concise analyses of logistics trends, technologies, and services.

In his new article titled “The High Cost of The One Percent Inventory Accuracy in Your Supply Chain”, he breaks down the challenges and costs associated to inventory management and what one percent of inventory accuracy represents to your operation.

Managing inventory in 2019 has become an even more complex challenge according to our industry peers and PINC customers. In the article, Matt explores some of these challenges mentioned in the paragraph below…

“The supply chain industry is going through a transformation because customers’ expectations are changing and labor is hard to find and retain. If you add to that the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in from China during 2018 to get ahead of impending tariffs, managing inventory effectively has become an even more challenging task in 2019.” 

…and offers a perspective on what you can do about it. If you haven’t read it yet, the article is a must read. 

Click here to read the article.

Leave a comment

Your email address will not be published. Required fields are marked *


Rafael Granato

Written by Rafael Granato

Written by Author

Related posts

Countering the Bullwhip Effect in a COVID-19 World

By shifting from a forecast-driven ordering system to one that enables high levels of visibility and information-sharing, companies can effectively…

Rafael Granato
By Rafael Granato - March 30, 2020
The World’s Largest Brands Are Using Inventory Accuracy and Yard Automation to Fight COVID-19 Chaos

In an uncertain world where supply chain disruption is becoming a certainty, here’s how good inventory management enabled by automation…

Rafael Granato
By Rafael Granato - March 24, 2020
PINC’s Matt Yearling has been recognized as 2020 Supply Chain Pro To Know

Union City, CA — March 23, 2020 — PINC, the number-one provider of digital yard and digital inventory solutions to…

Rafael Granato
By Rafael Granato - March 23, 2020