Hyperlocal Sourcing & Inventory Optimization: Reducing Operational Overheads
Hyperlocal Sourcing & Inventory Optimization: Reducing Operational Overheads Operational overhead rises when supply chains compensate for uncertainty with extra stock, long lead times, premium freight, emergency buying, warehouse congestion, and working capital locked in slow moving inventory. Hyperlocal sourcing and inventory optimization can be strong cost saving strategies, but only when local supply decisions, service […]