The fastest ways to reduce end to end Supply Chain costs, is to get your inventory (stock) under better control. Inventory management is often being one of the back waters of a business, but getting it wrong can wreak havoc very quickly. If your company has some of these inventory control related symptoms, it might be time for an inventory management review:
- Too much working capital invested in inventory.
- Too much slow moving or obsolete inventory.
- Customer service failures and back orders due to lack of the correct inventory.
- Poor on shelf availability.
- Warehouses crammed to the rafters... with the wrong inventory.
- Lots of inter branch / warehouse transfers to get the right inventory in the right place.
Inventory control improvements can easily be made without resorting to a large investment in people and inventory management systems.
Getting a better handle on your inventory is one of the fastest ways to reduce end to end Supply Chain costs.
Asset Management Solutions
Under this service portfolio, we undertake to Audit fixed assets of organizations, provide Asset Tagging solutions, help document fixed Assets Management policies and procedure, systems of internal financial control with regards to fixed assets. We partner with related ICT companies to ensure that, high value consulting for our clients.