Do you have a quarter million dollars to waste every hour? How about $3 Million? We didn’t think so.
The Role of Key Performance Indicators (KPIs) in Effective Inventory Management. Widely attributed to the management guru Peter Drucker, the famous quote “What gets measured gets managed” has had a large impact on business thinking ever since it was first uttered several decades ago.
A lifecycle approach to MRO inventory management. 12 years ago, Xtivity introduced the concept of the “MRO Lifecycle,” a simple model to help frame inventory management challenges.