Inventory Optimization Addresses the Challenges of Sourcing Overseas
Summary
Press Releases TCLogic Press Release Receive press releases from TCLogic: By Email RSS Feeds: Inventory Optimization Addresses the Challenges of Sourcing Overseas Indianapolis, IN, November 08, 2006 --( Richard Murphy, vice president of Indianapolis-based TCLogic, discussed these challenges with Ken Rayment, the host of Better Process Podcast, an Internet-based show providing topics ranging from lean manufacturing processes and foreign competition, to manufacturing technology."While this additional inventory may be absorbed in larger manufacturers with the financial scale to do so, mid-sized and smaller companies experience stress on their working capital, while the impact on their inventory turn rate can be significant," according to Murphy.Consequently they are seeking out inventory optimization solutions to help improve their business results,” added Murphy.### Indianapolis, IN, November 08, 2006 --( PR.com )-- Inventory Optimization is proving to be a powerful tool for firms procuring materials from overseas.While pricing advantages for purchasing materials overseas have enticed many small and mid-sized manufacturing firms, they now face challenges with additional inventory being carried on the balance sheet and longer and more variable lead times.Richard Murphy, vice president of Indianapolis-based TCLogic, discussed these challenges with Ken Rayment, the host of Better Process Podcast, an Internet-based show providing topics ranging from lean manufacturing processes and foreign competition, to manufacturing technology.