Inventory Optimisation - Our Success Stories
INVENTORY MANAGEMENT
Optimising stock and maximising delivery ‘We were very impressed with the effectiveness and simplicity of the inventory management tools The Consultancy Company used to help us define our optimal stock parameters.’ Divisional Director, FAST Fenner Advanced Sealing Technologies (FAST) is a provider of seals and sealing solutions. FAST recognised that they were losing business opportunities through a lack of product availability caused by weakneses in the their inventory management processes. The Consultancy Company was asked to develop an inventory management approach to establish and maintain a consistent market leading service (over 95% OTIF) without incurring excessive levels of inventory. Read more |
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EUROPEAN INVENTORY MANAGEMENT
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‘The improvements in Inventory management The Consultancy Company initiated have resulted in multi-million pound savings.’ Group Logistics Manager. The client, a division of a £2bn FTSE 250 group, is a major designer and manufacturer of pneumatic products. As a result of a pilot study it was recognised that improvements in their inventory management could significantly improve service at a lower cost. The Consultancy Company helped their Project Team develop and roll out of a robust inventory management process using leading edge inventory management analysis and modelling tools to all their European divisions and sales companies. This resulted in an estimated £4 million saving, a 25% reduction in stock, and in some countries a 40% increase in business was reported as a result. Read more |
