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Chapter 5
Annotated Links
Financial Impact of Inventory
http://www.herpersgowling.com/n_lower_inventory_carrying_costs.htm
Maintaining the appropriate levels and types of inventory is essential in today’s commerce. This site features a newsletter how to lower inventory carrying costs and how so doing will allow the firm to improve quality, while providing timely service and products to customers.
Many firms have invested time and money in a variety of technologies to increase corporate return on investments. These systems have enabled management to make better and more timely decisions, but this has still in many cases resulted in only modest reductions in inventory levels. The ability to quickly reduce such inventories gives management a great opportunity to quickly increase ROI. This website reviews this critical issue.
Our authors review how General Mills calculates inventory carrying cost for each location and how they improved overall efficiency and lowered variation. This is the homepage of General Mills and allows the reader to investigate the breadth of their product offerings.
http://www.planware.org/workcap.htm
This web page presents a White Paper on the financial impact of inventory. Topics include: working capital cycle, sourcing of cash, handling receivables, managing payables, inventory management, key working capital ratios, and much more.
