Inventory Optimization
While inventory is classified as an asset, many organizations fail to manage inventory optimally as they would manage other asset. Inventory optimization is not an isolated or static activity. It requires an integrated approach with other supply chain activities to effectively respond to factors such as changing demand patterns. Poorly managed inventory may result in unfavorable outcomes as understocking, overstocking, inconsistent service levels, asset downtime, obsolescence, and write-offs etc.
Often companies struggle to strike a right balance between stocking and the service levels, both in the short and long term. An integrated approach to inventory management across the supply chain network is critical to increase service levels and drive higher profitability.
We help businesses with a holistic approach to optimize inventories, increase service levels, and minimize unplanned downtime. This results in freeing up working capital and positively impacting bottom-line performance. This includes –
Inventory optimization effectively allows organizations to achieve more with less
What We Do
Procurement Excellence
Supply Chain Excellence
Data Quality & Spend Analysis
Supply Chain Learning Center
MRO Excellence
Working Capital Management
Sustainability