AL-FUTTAIM RETAIL
loss right is very hard , it affects the cost of goods and the stock that the system is reporting as a variance .” “ The more accurate the yield losses , the more accurate the cost of goods , the consumption , the wastage and the variance and a solid inventory system is key to that .”
This extends further with regards to the forecasting of consumption , a key part in minimising the input cost , from freight to warehousing to product pricing . This allows Al Futtaim F & B to gauge and predict what it needs in terms of stock and inventory with minimal risk and cash tied up . Technology in supply chain and logistics operations continues to
150 November 2017