Some say inventory is a business asset. Some say maintaining a broad inventory is the price you pay for giving good service. Others chalk it up to the cost of doing business. We say it’s a liability that diminishes in value over time, diverts capital, and prematurely consumes labor and material.
So how can you get your inventory down? Creative inventory analysis, within a supply chain perspective, can save huge amounts of capital and expense while raising service levels to where they ought to be.
The Progress Group can help you get the most out of your inventory investment, with outside-the-box analysis and solution designs. We begin with customer demand and look back at the infrastructure and decision points that affect inventory levels – lead times, variability, supplier interfaces, manufacturing scheduling, supply chain networks, information systems. We then develop analytical models you can use to make key adjustments that can improve your cost vs. service performance.
For more information, contact: Bruce Strahan, 770-804-9920, bstrahan@theprogressgroup.com |
