The Agony and the Ecstasy of Inventory Management

The agony and the ecstasy of inventory management, Fishbowl Blog
The agony and the ecstasy of inventory management, Fishbowl Blog“When will you make an end?” Pope Julius II famously asked Michelangelo concerning his painting of the Sistine Chapel’s ceiling in The Agony and the Ecstasy. Michelangelo’s epic response? “When it is finished!” It took Michelangelo four years to complete his masterpiece. Thankfully, you don’t have to go through as much time and agony as this master artist to turn your inventory management into a work of art. Many companies are in pain. They’re suffering from bad inventory management, double data entry, poor tracking of inventory in Excel spreadsheets, and slow picking, packing, and shipping. And that’s just scratching the surface of many companies’ inventory woes. Here are four inventory agonies companies face and how to turn them into ecstasies. (more…)

Leonardo da Vinci – Artist or Scientist?

Inventory – probably the largest asset on your balance sheet and the one thing that makes your business go. You depend on your inventory control group to have the right combination of pieces and parts to keep production running smoothly. This inventory lump needs to be constantly shaped, molded, trimmed, carved, and tweaked until you get that useful, glorious mix of profitability that shapes your bottom line. (more…)