Many companies aim to reduce working capital. Logistics managers have to contribute by releasing capital tied up in inventory. However, reducing inventory could lead to higher operational and logistics costs or, even worse, to a reduction in service level to customers. Any stock reductions have to be well managed.
Slimstock Professionals support businesses in optimising inventory throughout their supply chain. In close cooperation with your own team we will design your 'Roadmap to Excellence'.
The 'Roadmap to Excellence' offers a detailed analysis and approach. The real world proves that successful logistics solutions require:
- Robust processes and good organisation
- Logical locations for holding inventory
- Effective cooperation with customers, logistics providers and also suppliers
- Modern ICT solutions giving a good insight into logistics costs
- Skilled employees
The problem needs to be viewed from all angles. Optimising inventory requires real solutions instead of curing individual symptoms and therefore a complete, well-structured approach is needed.
The 'Roadmap to Excellence' contains an action plan, consisting of smaller projects with clearly defined objectives. It addresses all aspects of inventory management, from service levels and the effectiveness of processes, to training. Finally it also offers a monitoring tool to assist management in measuring progress.
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