Are You Sinking in Inventory?

You're not alone. Consumers aren't buying, and businesses all over the country are sending their products to only place they can - their already crammed warehouses - in the hope of saving some of their investment. But that may not be saving anything in the long run.

Dumping that inventory costs money. Storing that inventory costs even more money. Even eventually selling that inventory eats up resources and time, and that costs money. A recent article in the Washington Post pointed at growing inventories from poor sales as the leading factor which could drive the U.S. economy into a deeper recession in the coming months.

The solution is change. Lean manufacturing is no longer just a buzzword; it's a necessity. Only a lean, responsive supply chain can allow you to thrive in a challenging economic climate. It can save money. It can save time. Most importantly, it can save your business.

Read the entire article on inventory and its effect on our struggling economy