Inventory Optimization

8/23/20231 min read

Problem: Inventory is an outcome of multiple factors that makes it a never ending activity in any company. Companies buying many bolt-on solutions does not solve the issue of data integrity, integrated visibility and action oriented Inventory optimization that is the biggest challenge today

Solution: Creating visibility is not the only option to drive down or optimize inventory. Understand all the elements of inventory is the key to its optimization. We work on real causes of inventory and not only find ways to reduce the current inventory but also put a right control policies to avoid excess inventory for future. In addition to creating visibility across different hirarchy of value chain, we Implement strict control policies for new buy control , Product life cycle management, capital inventory purchase, execess inventory cross selling, capex inventory capitalization, right size safety stock, right lot sizing and Re-order point.

IMPACT

15-20%

reduction in inventory