Can you tell immediately if that pallet of bricks or reel of fibre cable made it to the new building complex? Have you ever had a field engineer need to return to a jobsite because they didn’t have the correct parts? Are your operatives wasting time trying to locate inventory/tools/assets in the field when they should be working?
Most supply chain professionals understand the severity of operational blind spots and the impact it has on their business. However, when it comes to blind spots outside of the warehouse, or as they’re more commonly known, field inventory blind spots, these are usually overlooked due to the perceived complexity in resolving them.
Below are 8 common field inventory blind spots that companies with field operations experience. How many resonate with you?
Not having visibility to inventory in the field can cause multiple problems in the pursuit of keeping customers happy and projects on schedule, and companies incur unbudgeted spend to “replace” inventory and assets they already own. This careless approach to inventory management is felt throughout a company and causes continuous headaches for finance leaders who are constantly having to re-evaluate profit margins due to unforeseen write-offs and additional spend.
If you’re concerned that you’re lacking inventory control outside the warehouse, conducting an audit would be beneficial in helping you understand your field inventory blind spots and develop a plan to eradicate them.
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