So Many Products, So Little Margin: Managing Your Product Portfolio

May 30, 2015

As a supply chain consultant, I find that almost every company I work with has a product portfolio that conforms to the Pareto principle, i.e. 80% of revenue is generated by 20% of their products. This is rarely a surprise to anyone, but surprising to me are the number of companies that do not have processes to manage their portfolio and ensure resources are focused on the critical products. Read more

Too Much Inventory

May 21, 2015

Inventory is usually the biggest cash investment a business makes every year and if you do not have an inventory policy, then that cash investment has no approval process. Read more