An organization may categorize its inventory in three ways: raw materials that it will use to produce its goods; work in process, consisting of items in the manufacturing process but not yet complete; ...

Small businesses need to be aware of their inventory in order to adjust their production levels. One of the most important inventories to be familiar with is the finished goods inventory, as it ...

A recent SA post highlighted RPM as a hidden dividend gem but noted less than stellar inventory trend. Based on my analysis, rising inventory level is not a red flag. I analyzed recent RPM raw ...

This article is based on my observations the last few years when I’ve been invited into factories looking for help to start (or too often restart) a continuous improvement (CI) strategy. The subject ...