Inventory Reduction Strategies to Enhance Business Performance
How to Reduce Inventory and Improve Your Return on Net Assets (RONA)
Holding inventory results in a range of extra fees, including labor costs for handling duties and additional utility expenses for the workspaces required. If you’re looking to improve your company’s return on net assets, inventory reduction is necessary. Meaden & Moore has been providing clients with advice on how to reduce inventory and improve business performance for years, and this whitepaper will do the same.
In this whitepaper, you will learn:
- Manufacturing lot size considerations
- Principles applied to setup reduction
- Techniques used to reduce the cost of a company's purchase order
- Formulas applicable to safety stock held for finished goods
Simply fill out the form to download the whitepaper.