Inventory Reduction
16–32 | Reduce the number of products |
16–33 | Reduce the number of product options |
16–34 | Obtain direct links into customer inventory planning systems |
16–35 | Adopt just-in-time purchasing |
16–36 | Shift raw materials ownership to suppliers |
16–37 | Drop ship inventory |
16–38 | Reduce safety stocks by accelerating the flow of internal information |
16–39 | Reduce safety stock by shrinking supplier lead times |
16–40 | Use variable safety stocks for fluctuating demand |
16–41 | Cross-dock inventory |
16–42 | Use overnight delivery from a single location for selected items |
16–43 | Focus inventory reduction efforts on high-usage items |
16–44 | Eliminate redundant part numbers |
16–45 | Standardize parts |
16–46 | Identify inactive inventory in the product master file |
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