Inventory Analysis and Optimisation
A common problem among many companies is the need to improve the performance of their working capital invested in inventory, as well as enhancing their customer service levels. This step change often requires the implementation of simple but effective inventory management control processes.
Winning companies must be fast and nimble enough to react to changes in customer demand and to do so with very little inventory. Therefore it is imperative to know how to reduce inventory levels whilst improving availability.
Our team of experienced and hands-on management consultants are able to provide strategic solutions by re-engineering inventory investment by utilising a selection of techniques to reduce waste including Internet technology, e-procurement, consignment stocking or Vendor Managed Inventory (VMI) techniques, JIT principles, merchandising and lean manufacturing we are able to assist clients to increase working capital and improve customer service levels.
According to independent research studies, Supply Chain inefficiencies can waste as much as 25% of a company’s operating costs.
Unlike improvements in sales growth, 100% of savings on procurement impact directly on a company’s profit line. With profit margins for some larger organisations at only 3-4%, even a 5% reduction in Supply Chain waste can double a company’s profitability.