Over the last 20 years, the growing global economy has allowed manufacturers to enter new markets to serve an increasingly global customer base while also shortening supply chains and reducing cost structures.
Inventory is often considered the most valuable category of assets on manufacturers’ books. Since it has its downsides—tying up large amounts of cash and sometimes diminishing in value—it is common practice to minimize inventory as much as possible without hurting customer service levels.
The fall 2016 MAPI Manufacturing Council (MFG) Meeting will be held on September 22-23 (Thursday-Friday) in Denver, Colorado. The MFG Council provides a vendor-free forum for senior executives to share best practices.
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