Question: Excess inventory or raw materials at your facility has been determined to be a problem and the most critical task for your to address with
Excess inventory or raw materials at your facility has been determined to be a problem and the most critical task for your to address with your supply chain partners If you can only take one of the actions below what is the best option to reduce inventories and improve cashflow within your company?
standardize all your processes and improve the quality of your raw materials
insure that all items are marked with rfid tags
work with your suppliers on vendor managed inventory program
institute cpfr with your suppliers to improve vendor communication
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