MEDIA Every Angle Blog

Every Angle Blog


The Life Cycle for Unwanted and Unused Stock


Posted on: 03-09-2015 15:37:46750

unwated

New Infographic: Download here

Have you ever wondered what the life cycle for a piece of unwanted or unused stock might look like? Probably not. But would you read and download an infographic that was based on this theme? Hopefully.

During this infographic we aim to show how numerous supply chains across the world are rife with inefficiencies and bring attention to the huge volumes of waste currently being produced. An astonishing 83% of all organizations are guilty of holding overstocks, whilst a further 45% of executives have little or no data available on their supply chain. No wonder so much stock meanders harmlessly through life before slowly making its way to the tip; doomed to never fulfil its intended objective. Heart-breaking stuff.

If this short synopsis has so far failed to whet the appetite, stopping you download our free infographic, then perhaps some more teaser statistics will:

  • The average annual Inventory Carry Costs for a $5 Billion company is $53 million.
  • Excess and obsolete inventory costs the typical distributor a quarter of its value per year to manage, store and remove.
  • Companies will make or save $3 trillion through optimized logistics and supply chains through 2022
 

Recent Posts in Supply Chain


Category


All
Business Analytics (19)
Data (5)
ERP (2)
Every Angle (24)
General (1)
HANA (1)
Industry Perspective (2)
IT and business alignment (3)
Supply Chain (7)

Recent Posts


25-02-2019 08:33:01
Process Mining – the dream of many Supply Chain Improvement experts
661

23-01-2019 09:26:09
Top-10 BI Trends 2019 Analyzed
970

06-12-2018 09:27:30
The importance of lead times for business performance improvement
1079

19-11-2018 13:54:29
Getting information out of SAP without long lead-times, a dream or reality?
626

31-07-2018 10:03:42
Getting Lean in Finance – a most sensible thing to do
833

Most viewed


04-10-2016 16:40:17
Supply Chain Control Towers – Reporting is Not Enough...
3056

08-09-2016 15:41:35
Big Data: Big Disappointment or Massive Success?
1788

24-10-2016 12:26:57
IT – Business Enabler or another Functional Silo?
1774

29-03-2016 11:12:02
Is Your Supply Chain Nearing the End of its Shelf Life?
1745

16-03-2016 09:59:02
Gaining Supply Chain Insight Through Prescriptive Analytics
1732

Get answers to all your business questions

Free Trial
© 2019 Every Angle BV - A Magnitude Company | Privacy policy | Disclaimer
We are social
T: +31 182 577 744 | E: info@everyangle.com