Keith is a Supply Chain and Operations specialist who knows the nuts and bolts of what drives business. His primary area of subject matter expertise involves the leveraging of both domestic and international supply chains, and he has become well known over the past decade as a global sourcing expert. Over the past twenty-five years, Keith has held significant leadership roles in several organizations, primarily in the manufacturing sector. Keith has recently been lecturing at Dalhousie University’s Rowe School of Business, and is a Ph.D. (Supply Chain) candidate at the University of Hull, Hull U.K. In 2014, Keith was a recipient of the SCMA Codère scholarship in support of advanced research in Supply Chain Management.

Do stockless inventories save money?

During a recent academic class I was participating in, a discussion took place regarding differences between traditional manufacturing systems, just-in-time inventory systems, and stockless inventory systems. This discussion was focused on the idea that although companies can save money going from traditional manufacturing systems to just-in-time systems (basically by pushing the responsibility for storing materials…