Driving Profitability by Managing Your Inventory
How might you answer the following question – On your balance sheet, what typically represents at least 20% of your company’s assets? If you answered “your inventory”, you’re spot on.
Inventory as a percentage of your balance sheet can reach as high as 60%. So as the owner/ manager of your manufacturing company, where better to focus your operational energies than on management of your inventory?
Imagine the benefits.