Inventory management, or inventory control, is an attempt to balance inventory needs and requirements with the need to minimize costs resulting from obtaining and holding inventory.Organisations in Latin America, the Caribbean, Bermuda and the Bahamas have many factors to consider in looking at the overall management of inventory. A great prcentage of goods/materials are sourced from North - South America/Europe and Asia. This necessitates near expert knowldege on financials/shipping/insurance/lead times and quality control before the goods even arrive at your facility. No just in time inventory management here. Considerable lead times are the norm, getting this wrong can not only lose customers but put your company at severe risk. This calls for even greater warehouse/facility management, better understanding of your ordering system and parameters. More training for buyers, warehouse personnel. With so much at stake you cannot afford to get one aspect wrong. We have extensive experience in the Caribbean/Latin America..
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