Inventory optimisation – our methodology
The demands of greater service at lower cost are unrelenting. The challenge, which is already significant with local manufacture and supply, grows exponentially with extended, low cost supply chains. Without effective means of control, low cost quickly becomes low flexibility, poor service and low margin. Strategically deployed, inventory “lubricates” even the most complex supply chain to deliver a robust lower cost service. Inventory optimisation is the key to an effective supply chain.
Inventory Optimisation: “Lubricating” the engine of supply
The highly sophisticated supply chain planning tools that exist to manage complex supply chains often seem only able to deliver with huge effort, and frequently outside the formal processes.
But does it have to be like this?
The answer is no, if inventory is deployed as a strategic asset and not a tactical sticking plaster that is used to cover over the inevitable supply chain disjoints. Our significant track record of strategic inventory optimisation has delivered:
- Higher service, combined with lower levels of inventory
- Enhanced, often differential service
- Simplified supply chain planning and execution processes
- Improved product life cycle management
- Reduced obsolescence
- A significant liberation of cash
Our methodology for approaching inventory optimisation has been successfully applied in many different industries and locations and in many different countries. To understand more about this methodology and how it works, please follow this link: Inventory Optimisation
