Why have Inventory Control Tools become so important to many Log, Sawmill and Lumber companies today?
• Whether you have one location or dozens, and whether you are a Sawmill, Log or Lumber company – there are four important challenges everyone faces to stay profitable: • Increases in costs – which will eat away at your profits if unchecked The need to keep track of inventory to insure that, as you grow, you don’t suffer from theft, or mismanagement of your inventory Competition – others may beat your prices because they’ve come up with better methods making them more competitive, which could mean lost business for you Controlling Losses from Obsolescence – an Inventory Control Program will remind you of the age of a log – enabling you to make better informed Inventory decisions. Getting Bigger Isn’t Always a Solution – But Increasing Profits Will Always Help • People often think that if they “just get bigger” – they’ll be able to make more money. But if you’ve watched your costs, and noticed how hard it is to accurately track inventory – then you know that getting bigger can actually
