A leader who asks about the company's inventory level
is incompetent.
If a leader asks, "How many inventories we have
today?" the leader is incompetent. If you are a leader, you should know
the final inventory number of the previous day at any time. Inventory control
is the basis of management. Regardless of the size or department of the
company, leaders, including the CEO, should be aware of the company's inventory
level at this point.
If a company is well equipped with a management system
or process, inventory data can be viewed in a computer system every morning. Or
someone prints it out and puts it on a desk. If these systems are not your case,
you should make the process. In manufacturing, inventory control is the basic
of the basics.
As a leader, almost all data related to inventory must
be kept in mind, such as how many the company can store in warehouses, what is
the proper inventory level, what is the average daily sales volume, and what is
the level of inventory growth accordingly. If the leader remembers the numbers
for all the data of the company's inventory, there is little chance that the
leader will cause errors in the decision-making.
The person in charge should know how many inventories for
the client in charge. And even the
person in charge has to know the client's inventory levels too. If the client
company is reluctant to provide the relevant data, visit and see the warehouse.
I've never seen a client company refuse to look around the factory. The number
can be estimated by looking at the client's warehouse. And when you visit,
customers often let you know the number of inventory.
If the client company experiences inventory
management difficult, you may share the company's inventory management
experience. Actually, I have experience of doing so. At that time, the inventory
management of customers was not systematic. So I sent my member to the client
company and she checked the form first. It goes without saying that this
approach has been of much help to both our customers and us. It is listed in "The Art of War" written by Sun
Tzu. ' Know your enemy and
know yourself, and you will never be defeated.' I'd like to say this. 'Know the company's inventory
and know the client's inventory, the sales target must be done.'
I am sure that inventory management is that important.