| At Inventory Matters we combine sound theory, proven
best practice and effective communication to design and implement
solutions that work. |
| We know the theory cold
Our strong academic credentials are based on industrial research,
publication and collaboration between academia and business. |
| We understand manufacturing best
practice because we've been there. Our consulting associates
have over a century of industry experience. |
| We understand how
to consult We use a structured Issue Based Consulting approach.
Through effective communication, we get to know your business and
your people. Then we work with you, not for you - to analyse your
position, re-think your objectives and prioritise your actions for
measurable and continuous improvement. |
Inventory:
Liability or Asset?
Think...
Inventory Optimisation |
Many businesses see inventory as a liability and excess inventory a mark of business failure.
But consider this: Inventory helps you meet your customers' demands. If your production is disrupted by lack of inventory, your customer suffers - along with your bottom line.
For us, and increasingly for our clients, inventory optimisation is the key. This requires a continuous focus on improvement, which ensures a balanced inventory holding and a profitable bottom line. |
Can more inventory
save you money?
|
Yes, sometimes it can.
Our analysis at Plastics Omnium, a main automotive plastics supplier, saw a modest increase in inventory investment payoff with a three-times saving in production costs.
In this instance, by increasing inventory, our client stabilised the manufacturing process and delivered perfect products to the customer on time. |
What about
less inventory?
|
Obviously, more inventory is not the answer for every business.
Our analysis for a major aerospace component supplier produced a 16% reduction in inventory and a bottom line saving of £500K. |
What about
customer service?
|
Are you losing business because you don't hold the right inventory to meet customer demand?
When we helped a large garden products manufacturer optimise their inventory, customer service - and by that we mean orders, virtually tripled. |