Supply Chain Optimisation
Is Inventory Management one of the challenges of your business?
Are you struggling to keep your Inventory & Warehouse Management under control?
Do you have your Inventory & Supply Chain Planning under control? Logistics Bureau’s consultants are here to help!
One the fastest ways to reduce end to end Supply Chain costs, is to get your inventory (stock) under better control.
Inventory management is often 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.
If this sounds like your company, the good news is, that inventory control improvements can easily be made without resorting to a large investment in people and inventory management systems.
Want to have a Chat?
If these issues sound familiar, we can probably share some solutions with you.
Why not send through an email or book a free 1 on 1 ‘Advisory Call’ right now? We’ll be happy to share our experience. The advisory call goes like this in 4 simple steps:
- Review your current situation.
- Identify the main issue causing the problem.
- Map out a simple 3 step action plan for you to fix the problem.
- Leave you feeling clear about how you’ll resolve the problem.
You can book that call on the top right of this page.
Rapid – Remotely Delivered – Inventory Diagnostics
In response to our clients needs during these challenging times, we have developed a range of specialised analyses to identify, quantify and help you get a plan to fix your inventory and supply chain planning related challenges.
Each service covers a specific aspect of supply chain planning and inventory management and can be undertaken independently or bundled together. We take your data and using a data science approach we find actionable insights to help you reduce costs, increase service and improve process efficiency.
Our services have been specially designed to be delivered remotely, so we can help clients in any country. And the good news is that they are all affordably priced.
1. Inventory Management Excellence Workshop:
Who is it for? Executives who need a little help identifying and prioritising their supply chain inventory management challenges.
What you get? Half day workshop after which you’ll receive a customised report detailing the results of the workshop and some recommendations on what to do next.
2. Inventory Diagnostic:
Who is it for? Supply Chain Managers looking to understand their current inventory performance and are seeking opportunities to optimize their inventory (Typical benefit ~20%).
What you get? A customised report detailing your ABC classifications, product availability, inventory health check and the results of your inventory optimisation analysis. The report also comes with recommendations on what to do next.
3. Supply Chain Planning Process Assessment:
Who is it for? Supply Chain Managers looking for an expert opinion on the quality of your current Supply Chain Planning Processes.
What you get? Customised report detailing our observations, findings and recommendations for Supply Chain Planning Process Improvement. This service also comes with monthly 1-1 coaching sessions for 3 months.
4. Forecasting Benchmark:
Who is it for? Supply Chain and Demand Managers who ask themselves “How ‘good’ is our demand forecast?”
What you get? A customised report comparing the quality of your forecast (accuracy, bias and nervousness) to the statistical forecasting results using at least 5 different forecasting methods. (Typical benefit ~ 2 – 4% forecast accuracy improvement)
5. Material Flows Mapping:
Who is it for? Executives looking to kick off an Inventory Management or Network Review.
What you get? Customised report showing material flows and inventory holding throughout your entire warehouse network.
6. Inbound Deliveries Performance Report:
Who is it for? Supply Chain Managers looking to enhance their Vendor Performance Management capabilities.
What you get? Customised report showing your Inbound deliveries performance by Vendor with recommendations on what to do next.
7. Customer Despatch Performance Report:
Who is it for? Supply Chain Managers looking to start measuring their Customer DIFOT
What you get? Customised report showing your dispatch performance all your customers but with additional focus on your most important customers. The report also comes with some recommendations on what to do next.
8. Safety Stock Optimisation:
Who is it for? Supply Chain Managers looking to delve further into optimizing their inventory.
What you get? A customized report quantifying the potential inventory reduction to be gained from reducing supply and/or demand variability.