Effective inventory management is a delicate balance between meeting customer demands and minimizing holding costs. Many manufacturers adopt just-in-time (JIT) practices to reduce inventory levels and improve efficiency. However, JIT leaves little room for error, making supply chains susceptible to disruptions such as production delays, quality issues, or supplier failures. Striking the right balance between lean inventory and operational resilience is a persistent challenge for manufacturers.
To learn more about how to better optimize your organization’s inventory management to delay any supply chain irregularities, check out the resource included alongside this post.
Supply Chain Shortages & Its Impact On Manufacturing, an infographic contributed by American Equipment, an industry leading crane repair company
