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Inventory Management in Manufacturing

VCFO

Transparent conversations provide an avenue for issue resolution, continuous improvement, and dialogue around ways the vendor can support upcoming plans and initiatives. Effective purchasing managers also help communicate expectations to vendors to support capacity planning.

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Managing Your Company’s Inventory

CFO Simplified

. • Using “Just In Time” inventory management allows you to become more efficient, and reduces your financial commitment in inventory since your suppliers will deliver the inventory just as you need it, saving you time, space and money. This reduces your financial commitment, while making your supplier responsible for inventory management.