Join us for our upcoming webinar: "Slimstock Block Model: The Practical Method for Inventory Optimisation"
This FREE event is aimed exclusively at CEOs and senior leaders in logistics, operations, finance, purchasing & planning who are interested in improving demand forecasting and inventory optimisation.
Led by inventory expert, Colin Ward, this webinar will reveal 5 practical methods of for effective inventory optimisation.
The special online event will take place on 4th June at 11:00 - 12:00.
Inventory optimisation as a competitive advantage
With the right strategy in place, you can transform you inventory management process into a profit-making machine. As experts in demand forecasting and inventory optimisation, here at Slimstock, we have developed the block model for operational excellence; a practical step-by-step process that will allow you to optimise your entire approach to inventory management without the need for any software.
In this webinar, Colin will explain how you can implement this practical method within your organisation. With a focus on the following points, this webinar will leave you with new ideas to minimise supply chain cost, eliminate waste and boost your profitability!
1. Assortment management
Effective assortment management is the basis for inventory optimisation. However, to achieve this, you must under two critical factors;
- What products in your assortment should be stocked Vs. non-stocked
- How should you differentiate the way you manage every product within your assortment
2. Master data control
In order to optimally control your inventory, it is vital that you master data is correct and up to date. In this webinar, we will explore the importance of keeping your data ‘clean’ including; physical stock levels, demand transactions, sales prices, supplier calendar, delivery times, minimum purchase quantities…
3. Parameter setting
There are a large number of parameters that directly affect safety stock levels: order frequency, service level, presentation stock ... But how can you fine-tune these parameters to protect customer service levels without holding excessive levels of inventory?
4. Inventory management
In this phase, we pay attention to the economic order quantity (eoq), phase-in / phase-out and slimstock's 6 phase model.
5. Supply chain management
Once you have implemented the 4 previous phases, your house will be in order. Now you can start to optimise the entire supply chain. The key here is collaboration with customers and suppliers.
Register for our webinar today!
Covid-19 has had a huge impact on demand. As businesses struggle to satisfy demand for certain products, many businesses have seen demand disappear altogether.
To absorb these sudden peaks in demand, safety stocks may need to be tweaked.
In this special webinar, our team of inventory consultants explore what steps you can take to optimise how safety stocks are calculated in Slim4. Focusing on the following, this concise webinar will help leave you with actionable tips to react to quickly to evolving market conditions:
- How to adjust safety stock calculations on an article level
- How to adjust safety stock at a group level
- How to clean up your insurance inventory once the disruption has settles
As Covid-19 continues to impact global supply chains, bottlenecks, shortages are causing extensive delays.
To keep you inventory levels aligned with the market conditions, its vital that you supplier master data is accurate and up to date.
In this special webinar, our expert team of consultants explored how you can adjust lead times in Slim4 to account for supplier disruption. This concise webinar will focus on:
- Adjust lead times at an article level
- Bulk update lead times a product group level
- Understand the impact lead time changes have on your operation
Are your team spending hours and hours trying to decide what to buy and still ending up with the wrong items?
Can you see inefficiencies in your team?
Do you want to tackle this but don’t know where to start?
In this 10 minute webinar, Martin Montgomery, Slimstocks UBT Relationship Manager, will demonstrate how our inventory optimisation solution, Slim4 can boost the efficiency of you team.
Focused on the order optimisation module, Martin will highlight how your team can make faster and more accurate decisions around supplier constraints including MOQs, Container Fill, MOV plus weight and volume constraints.
Don't be left in the dark!
Are your service levels living up to your promises? Do you feel you’ve got too much stock, yet still get stock-outs? Have you lost sight of inventory levels?
In this 10 minute webinar, Martin Montgomery, Slimstock's UBT relationship manager, explores how you can gain greater clarity over your inventory with easy to use dashboards.
Highlighting the key metrics around your inventory, service levels and excess stock, this concise webinar will demonstrate how you can gain greater insight into your operations.
UBT community members are invited to join Martin as he demonstrates our inventory optimisation solution, Slim4.
Is your assortment out of control? Do you have an effective stocking policy? With such large assortments, do your team know where to start?
In this 10 minute webinar, Martin Montgomery, Slimstock's UBT relationship manager, explores how your planning team can regain control!
UBT community members are invited to join Martin as he demonstrates how you can utilise our inventory optimisation solution, Slim4, to help your team to focus on the items that need their attention most.
Highlighting Slim4's forecast and inventory exception management capabilities, this short webinar will demonstrate how other businesses within the UBT community are using Slim4 to make more strategic decisions around assortment management.
Slimstock is excited to announce that it will be attending this year's Commerce Excellence conference in Oslo. Following the success of this event in Denmark and Sweden last year, Slimstock will join forces with Apport, Optiscan & Rejlers Embriq as event sponsors.
An effective E-commerce strategy depends upon a robust IT structure: Is your business ready?
As consumers make more and more purchases online, commerce is changing the shape of many industries. Given the enhanced level of competitiveness this creates, the importance of price and quality will erode. As a result, businesses must take steps to differentiate themselves decisively from the rest of the market. Ultimately, delivering the products customers want, as and when they want them will be what set industry players apart.
At the Commerce Excellence 2019 conference, Slimstock and its partners will explore what factors are required to ensure e-commerce efforts are effective. Taking place on 7th November, this one-day event is designed to provide business leaders with the specific knowledge required to help them solve challenges across the customer journey.
With a focus on IT, automation and internal/external logistics management, the programme of this event is designed to help businesses exploit the full potential of evolving customer purchase behaviour.
Throughout this event, industry leaders will share their experiences and challenges as well as how they have aligned their IT infrastructure and logistics with their Omnichannel strategy. Ultimately, by attending this event, you will gain valuable insight into how other companies have taken steps to optimise their processes to succeed in omni-channel environments though focusing on internal logistics, automation and IT.
Date & Time:
7th November 2019 at 8:30 am
Dronning Eufemias Gate 16
Who should attend?
This conference is designed for a management audience with attendees including CEOs, CFOs, CIOs and Logistics directors.
How can I register?
This event is free to attend. However, places are limited so participants are encouraged to register as soon as possible to avoid disappointment. Click here to register
19th February | Exchange Place, Warwick
Don’t miss out on this great opportunity to meet Slimstock, an inventory specialist working closely with the community, as they demonstrate how you can rebalance your inventory to reduce stock levels, release working capital and improve the efficiency of your business!
Join us for breakfast & discover how you can boost the performance of your supply chain
As Europe’s leading inventory management specialist, Slimstock’s inventory optimisation solution, Slim4, has been developed over the last 25 years to help wholesalers, manufacturers and retailers make better purchasing decisions. Throughout this breakfast event, the team at Slimstock will demonstrate how you can utilise Slim4 to:
- Build more accurate forecasts
- Utilise ABC analysis to Optimise service levels across your entire assortment
- Automate purchasing to focus time, effort & investment where it matters most
- Boost availability while reducing supply chain costs
Meet the guest speakers
As an official rebate supplier, Slimstock offer a rebate that is reinvested back into the community to support schools and other UBT initiatives. Throughout the event, the Slimstock team will answer any questions around how you can start working with Slim4 as well as how other community businesses including Baca Safety & Work Wear, Wigston Paper and Carlton Packaging are gaining huge value from the solution.
As Slimstock’s UBT rebate partnership manager, Martin will introduce the importance of inventory optimisation through highlighting the day-to-day challenges businesses struggle with as a consequence of excess stock & poor service levels.
Focused on ABC analysis and assortment management, Rob will demonstrate how you can utilise Slim4 in your business to reduce your investment in stock while increasing availability to offer your customers the best possible level of service. Based on his vast experience of helping businesses to optimise their inventory, Rob will provide practical tips to help you get more from your inventory.