Learn how to perform ABC analysis for inventory with this step-by-step guide. Understand how to classify items into A, B, and C categories to optimize working capital, reduce costs, and improve supply chain efficiency.

Today supply chain is one of the strongest sources of competitive advantage for manufacturing companies. Efficiency and cost management are critical for success. One of the most effective strategies for optimizing inventory and improving financial performance is Just-in-Time (JIT) inventory management.

Just as much as it is at a personal level, the end-of-year period is a time for reflecting, planning, and preparing your business for the new year.