Due to the internet fuelled growth in transparency of price and delivery, wholesale margins are quickly eroding. Under pressure to add extra value in the Supply Chain, wholesalers have strengthened their position by offering larger product portfolios. In order to combat the resulting need for more working capital, many wholesalers have decided to implement Slim4 inventory optimisation software to reduce stock and increase customer service levels.
Refocus processes towards analysing inventory through 'management by exception'. Management by exception ensures that users are directed to take action where necessary, rather than spending time finding the proverbial needle in a haystack. The system will alert the users daily with regards to any unexpected issues, created by customers or suppliers.