The 100 Greatest Supply Management Tips of All Time continues, this time with a focus on inventory management.

• Cut it out: Work with partners to eliminate unnecessary or redundant inventory from the supply chain. The format of inventory and where it is held is of common interest to all supply chain players and must be jointly investigated and examined. It is often held at multiple places in the supply chain and is controlled by many different players who are usually working independently of each other. This results in too much inventory being held throughout the supply chain.

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