WBSP436: Grow Your Business by Learning Dimensional Inventory Best Practices, a Live Interview w/ a Panel of Experts
Description
Dimensional inventory is more than just a bunch of attributes at the product level. It affects how the items are created, planned, and tracked. Using an ERP system without the support for dimensional inventory might result in planning issues. It might also result in ad-hoc processes and increased admin effort in correlating dimensions on top of raw data. So what are the best practices when it comes to dimensional inventory?
In today's episode, we invited a panel of cross-functional experts for a live interview on LinkedIn who brings significant expertise to discuss Dimensional Inventory best practices. We discussed how dimensional or matrix inventory differs in various industries, as well as why systems not designed for dimensional inventory may lead to increased admin efforts. Finally, we discussed the impact of matrix inventory on planning, merchandizing, shop floor, warehouse, and logistics.
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