Managing inventories for maximum benefit.
In many companies it is not feasible to go to just-in-time (JIT) inventory management practices. In these instances, an aggressive inventory-monitoring program is a must. This article describes a program that resulted in a 75-percent reduction of inventory over a five-year interval. The topics covered will be applicable to those companies where JIT is not the answer.
Poole
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Purchasing Solutions, Rochester, NY, USA.
D017598:Efficiency, Organizational; D007445:Inventories, Hospital / Q000191:economics / Q000592:standards*; D017749:Total Quality Management; D014481:United States