Inventory Management

Inventory management remains poorly understood despite its significance within supply chains. Inventory can be seen both positively and negatively – an economic asset or non-income-generating use of capital funds. Inventory is best understood when all economic, quality and client service factors from purchasing, manufacturing and sales perspectives are taken into account when considering inventory.

Regardless of the source or form of inventory management practiced within an organization’s operations – effective inventory management remains key to their competitiveness regardless of perspective taken.

We assist businesses in formulating an effective inventory management approach by:

• Inventory Management Practices Under Scrutiny
• Improve forecasting accuracy.
• Create an effective stocking policy.
• Reduce purchase transactions and manufacturing setup/changeover costs.
• Optimize cycle stock management to lower costs
• Sellng dynamic inventory levels that align with client services.
• Enhance inventory performance continuously
• Effectively cross-docking and cycle counting SKUs, while also transferring, discontinuing, or transferring them as appropriate.