Inventory Control & MRP: How to Prevent Material Shortages
The "Firefighting" Cycle Monday morning starts with a crisis: "We have 500 units to weld, but no CO2 gas." The purchase manager frantically calls vendors, pays a premium for urgent delivery, and the production line sits idle for 4 hours. This cycle repeats because most SMEs manage inventory on "Visually Checked" or "Reactive" basis. You only order when you see the bin is...
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