Why PROPER Inventory Management Is So Critical
Inventory Management, or PROPER Inventory Management is a critical facet in any business. It does not matter how small or large your operations are, a proper system can identify trends, be proactive with those, and can increase bottom line profits. Your job is to keep your employees on the tasks, NOT running around looking for small parts. Vendor based systems offer an ideal partnership in profit to your business, a BETTER VERSION finding a way to increase profitability.
You are paying for your employees to ON THE JOB, NOT OFF THE JOB. When employees leave your operations to chase small parts, don't worry about a coffee shop or fast food place in between point A and point B, worry about the other X factors out there on the road, specifically other drivers. How much did that $10.00 box of whatever now cost you just factoring lost time in wages....UH Oh! you just got a call from him / her saying someone just crashed into me at a stop light, and my neck hurts and I think I have to go to the hospital! Can you say paper nightmare called Workers Comp Claim.... NOW how much is it going to cost you?
Below is a QUANTIFIED CONVERSION CHART that shows you, just a small amount, of how a Proper Inventory Management System can be proactive in finding a solution to gaining more profit.
You are paying for your employees to ON THE JOB, NOT OFF THE JOB. When employees leave your operations to chase small parts, don't worry about a coffee shop or fast food place in between point A and point B, worry about the other X factors out there on the road, specifically other drivers. How much did that $10.00 box of whatever now cost you just factoring lost time in wages....UH Oh! you just got a call from him / her saying someone just crashed into me at a stop light, and my neck hurts and I think I have to go to the hospital! Can you say paper nightmare called Workers Comp Claim.... NOW how much is it going to cost you?
Below is a QUANTIFIED CONVERSION CHART that shows you, just a small amount, of how a Proper Inventory Management System can be proactive in finding a solution to gaining more profit.