Managing Inventory in the supply chain is critical to ensure Customer Service levels. However, it is also a very costly asset to maintain. Having the right amount of Inventory to meet customer requirements, in Time, is critical, for the enterprise.
We support in maintaining the optimal levels of Inventory, by developing appropriate Inventory Strategy, for your specific industry, after study of your Customer profile & markets served. Also, your inputs on Competitors, delivery lead times & Customer service levels.
Variability of Process Lead Times is also one of the reasons for maintaining Inventory; our efforts need to be focused in reducing Lead Times, and its variability through the improvements in Manufacturing Process.
Inventory in a collaborative environment can also be reduced by requesting your suppliers to manage your Inventory, In such a case the Vendors maintain their Stock in your premises, and it is drawn from it when needed.
We support you in adapting this Process of ‘Vendor Managed Inventory’, as it requires a closed loop process to be successful. Its results in Cost reduction, No obsolescence, Improvement in Planning and leads to Lean Supply chain. Needs I.T Support ,in location based stocking , receiving, ,issuing, and maintain records of consumption etc to give information to vendor for replenishments. 
With the support of IT, we make Inventory Visible to all concerned, that brings better awareness and results in collaborative team work to control Inventory.
The available ERP &  Warehouse Management Systems (WMS)Support  Inventory Management and all other related functions.
 

Our deliverables
  • Analysis of present Processes.
  • Assess health of present Inventory.
  • Propose changes in Processes.
  • Identify the Metrics for Inventory.
  • Identify improvements in I.T Tools.
  • Support Implementation.
 
 
 
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