Economic demands place increasing pressure on Power & Utility Industry managers to reduce costs while maintaining high levels of operational safety, reliability, and efficiency. For work management and supply chain leaders, areas of potential savings lie with:

• optimizing inventory levels while reducing associated carrying costs,
• minimizing or eliminating expediting costs, and
• eliminating losses incurred as parts become obsolete in the warehouse

…while providing the highest level of parts availability.

Download SN CRI 2016-01: Inventory Optimization to learn more about this cost reduction idea.