Having too much inventory on hand refers to the situation where a business holds an excessive amount of stock, beyond what is necessary to meet current or anticipated customer demand. This can occur due to inaccurate forecasting of customer demand, overproduction, or slow sales, among other reasons. Too Much Inventory ties up valuable resources and […]| Cash Flow Inventory
Lead time is the time needed to complete a process from start to finish. It may be used for various types of operations, including purchase (from the order date to receipt of goods), sales (from the order date to the delivery date), production (from the production order date to the finished goods), project management (starting […]| Cash Flow Inventory
Overstocking refers to having more inventory than necessary to meet customer demand. Overstocking ties up cash and increases costs for both operations management and holding rents. As a result, your profitability is reduced. Overstock is also referred to as excess stock, excess inventory, stock surplus, or surplus inventory. Understocking means that you do not have […]| Cash Flow Inventory