Wednesday, July 21, 2010

Inventory optimisation

Books 2 Byte
Retooling HR
John W. Boudreau

Tech-assisted ‘inventory' approach to HR

There are powerful business tools that help you analyse the sequential flow of raw materials to storage facilities, then into manufacturing or fabrication, then into finished goods inventory, then to distribution, then to retail inventory, and finally to consumers. Each holding point is an inventory that can be analysed individually, optimising things such as shortages, surpluses, and holding and acquisition costs; and this is inventory optimisation, writes John W. Boudreau in Retooling HR: Using proven business tools to make better decisions about talent (Harvard).


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