What We Do: Inventory Optimisation
For today's businesses operating in a competitive market, being lean and agile is not enough.
- Many lean exercises fail because they remove too much of the working inventory before the manufacturing processes are capable.
- Agile initiatives fail because they overestimate the capability and do not hold inventory as a buffer against the real world.
The optimised inventory approach from Inventory Matters understands and balances inventory with capability. Continuous process improvement synchronises inventory reduction with increased capability.
The result? The business is protected whilst learning new skills.
Why is the optimised inventory approach so powerful?
Process |
By optimising inventory you will: |
By reducing inventory you will risk: |
|---|---|---|
| Customer | Deliver as promised Improve COTIF Increase business Increase profits |
Failure to deliver Losing business Losing profits |
| Manufacturing | Improve manufacturing efficiency | Increasing shortages Loss of schedule control Incurring extra overtime |
| Supplier | Make consistent demand on your suppliers Improve supplier performance |
More panic orders Pay premium prices for rush orders |
| Financial | Make effective and appropriate use of resources | Inventory being scrapped Obsolescence Increased costs Reduced revenues |
Who Murdered MRP
Case studies of common problems in Materials Requirements Planning and Business Systems: Download the first chapter for free
Inventory Improvement Report
Fill in the Inventory Improvement Questionnaire and receive your 12 page Inventory Improvement Report ... find out the optimum inventory levels that you could achieve using the Inventory Matters approach
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