Supply chain inventory management has always been critical to the functionality of of an effective supply chain. But new technologies and collaborative methods of working with your trading partners are set to revolutionize this practice. Those who embrace, implement, lead and master these technologies and methods will develop a significant key competitive edge in the marketplace.
A common problem amongst 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 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, JIT principles, merchandising and lean manufacturing we are able to assist clients to increase working capital and improve customer service levels.
If you require any additional information about inventory management or wish to find out how our range of purchasing & supply chain solutions might benefit your company, please Contact Us