Warehouse Inventory Optimisation
Inventory optimisation is about having the right stock in the right place at the right time.
Inventory optimisation is about having the right stock in the right place at the right time.
Product range proliferation, multiple stocking points, and long lead times for imported goods make this a complex task. Analysis of the status quo reveals frequent stock outs amongst popular products, while the ‘long tail’ of SKUs may have 12 months+ of stock cover.
At SCCG we tackle many inventory optimisation projects, either as part of a wider logistics strategy review, or as a standalone performance improvement initiative. The result is a clear understanding of what inventory is required to support sales cost-effectively, and the steps required to achieve this delicate balance.
Comparing current and historical stock levels against demand data uncovers exactly where inventory profiles are breaking down.
Rather than looking at stock value alone, SCCG examines which products are tying up warehouse capacity and which are driving poor availability and service issues.
This reveals the root causes behind the numbers, not just the symptoms, so they can be addressed directly.
SCCG helps you set inventory policy at both a high level and a SKU level, weighing unit-cost and minimum order quantity decisions against their downstream impact on space, working capital and service.
Our warehouse consultants model scenarios such as single versus multiple stocking points with daily replenishment, then help implement the result through improved demand planning, forecasting and buying processes.
At The Supply Chain Consulting Group, we understand the importance of effective warehouse operations and the impact it can have on the success of a business. Our goal is to help businesses achieve their full potential by providing the support and guidance they need to transform their warehouse operations.
With our warehouse consultancy services, businesses gain a clear inventory strategy backed by over 700 completed projects, so decisions are grounded in evidence rather than guesswork.
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