WINSTON-SALEM, N.C. – Joe Crews has opened a consulting firm,
JIT Solutions Group – the first in the Triad – aimed at showing small and
medium-sized businesses become more organized and profitable by showing them how
to manage their inventory of spare parts and finished product.
JIT Solutions Group, an independent consulting firm, provides operations support and resources to companies that manufacture, distribute and warehouse material. Based in the Winston-Salem area of North Carolina, we have had the privilege of sharing our Experience and Expertise with businesses in various industries, states and countries. Organizing Your World.....1 Piece at a Time
Wednesday, November 19, 2014
How to control & reduce inventory costs
There are several strategies a company can take when
attempting to control and reduce inventory costs. At JIT Solutions Group, we highly recommend implementing
a 2-Part Cycle Count Program. By
implementing this program, companies will have a more efficient process of
counting their inventory as well as a process for auditing items with high
usage rate, all without the need for a Year-End Inventory and the disruptions
that go along with it.
Tuesday, November 18, 2014
10 reasons for inventory errors
Before any improvement plan
begins, you must have a clear understanding of what will cause errors to your
inventory and the effect they have on your business. Only then can you take the necessary steps to
correct these errors.
- Insufficient
training of Staff:
- If your staff does not have a clear understanding of their job, how can they be expected to perform effectively? Training is not a quick solution, but it will have the greatest ROI.
Common Inventory Management Problems- Part 1
A successful
business relies on many factors, one of which is a reliable inventory
management system. Inventory management consists of everything from accurate
record-keeping to shipping and receiving of products. Inventory management that
is properly maintained can keep a company’s supply chain running smoothly and
efficiently. However, there are many common inventory management problems that
can occur.
Wednesday, November 5, 2014
ARE YOU READY FOR YOUR YEAR-END INVENTORY COUNT?
It’s
one of the most dreaded days of the year for many of you…physical inventory
day. This can be a frustrating and time-consuming process with numerous
obstacles, though with the proper planning you can make the physical inventory
process run smooth and efficient.
Inventory preparation – There is a lot you can do ahead of time to
prepare for the big day. Inventory areas should be clean and
organized. If they are not, the physical inventory will take much more
time and be much more aggravating than it needs to be. You can also
perform pre-counts on certain areas. If you have sections of inventory
that don’t turn very often or are reserve stock, you can count and tag them
ahead of time. Further, physically segregate any inventory that should
not be included as part of the physical inventory process, and label as such.
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