Supply Chain

Over the past few decades, business structures have shifted from siloed departments to integrated teams, where collaboration is key. This evolution is especially evident in inventory management, where nearly every department now plays a vital role in ensuring the smooth flow of goods and services.

Your shop floor and inventory management workflows might be spotless, but if your warehousing practices are poor, overall efficiency can still suffer. Luckily, tracking essential warehouse metrics provides insight into what’s holding you back and why.

Overstocking means holding more inventory than is actually needed. While it might sound like a good idea to have extra stock lying around just in case, it can significantly increase your operating costs and erode profits.