Inventory Shrinkage

The Food Safety Modernization Act (FSMA) represents the most significant expansion of animal and human food safety requirements since the original enactment of the Food, Drug and Cosmetic Act (FDCA) of 1938. It grants the FDA a number of new powers, including mandatory recallauthority. Specifically, it covers the following areas (this is a non-exhaustive list): …

Inventory Lot Tracking: The Key to Feed Safety Read More »

One of the most overlooked sources of profit in a formula manufacturing organization is in the existing business processes. Do you need to reduce inventory shrinkage? Take the Inventory Shrinkage Quiz: Go to your system (manual or computerized) and look up the quantity on hand of 10 raw materials. Then go count the inventory on …

4 Ways Formula Manufacturers Can Use ERP Software to Reduce Inventory Shrinkage Read More »

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