Subject Area: Overstocked Inventory
Avoiding a Pitfall that Leads to Overstock Inventory
In this 2 Minute Tutorial, Phillip Slater, warns of a potential pitfall with the use of ERP software to determine the spare parts ReOrder Point (ROP).
Without proper knowledge of spare parts inventory management it is possible that your ERP is driving you to overstock your spare parts inventory.
Watch the video below to find out how.
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Posted by: Phillip Slater