Whiteboard Wednesday: Inventory Basics

James Shores shakes things up in this week’s Whiteboard Wednesday by being extremely speedy. In just two minutes, he breaks down the basics of inventory management into the following categories:

• Location (where to keep inventory)
• Identify (using SKUs, labels, and units of measure)
• Plan (push or pull manufacturing)
• Records (paper-based or software)

I’ll follow James’s lead and keep this brief. Check out the video above and keep coming back for more informative videos in this long-running series.