What can soccer teach us about lead time in inventory management and reduced costs?
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.