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Inventory management and warehouse processes are the backbones of your operational effectiveness. Defining standards for your key inventory processes from the get-go can help with scaling without going through operational chaos. Non-standard processes cause bottlenecks to other areas of the organization and could become an impediment to your growth. 

In today's episode, we have our guest Kevin Lawton from the New Warehouse Podcast, who discusses why standardization plays a key role in inventory planning. He also discusses how to perform root cause analysis for any inventory issues and how manufacturers and distributors can plan their inventory as they scale. Finally, we also had a chance to discuss some basic warehouse planning terms.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.