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Inventory Management

Inventory management is becoming increasingly complex as product portfolios expand and markets become more unpredictable. Customers’ high expectations force companies to hold more stock than necessary in order to protect Customer Service, but even then failures can result from an inappropriate mix. Improving the processes you use to manage inventory can keep your stock balance in line with demand, flex your stock depending on the seasonality in your markets, and reduce overall inventory, saving capital investment and warehouse costs.

We will implement World Class Inventory Management Systems that:

  • Are driven by the forecast
  • Vary with seasonality
  • Accommodate product demand variability
  • Plan to Optimum, not to maximum and minimum
  • Plan to ABC categories or similar
  • Accommodate process issues such as forecast and stock accuracy
  • Balance the mix to demand
  • Accommodate factory/supplier batch processes