Inventory Optimisation
At Gideon Hillman Consulting we always endeavor
to undertake the widest review possible to ensure elements of your
inventory processes are not 'sub-optimised'. We are highly experienced
in analysing and developing solutions for all areas of inventory
management including strategy development, stock location, handling
processes, demand forecasting, integrated inventory control and
performance measurement.
We pride ourselves on key analytical skills, ensuring you don't
just get a document explaining little more than 'inventory best
practice'. All our analysis and solutions are specific to your
requirements, fully modeled, costed, tested and presented with
clear and concise rationale and a detailed implementation path.
We regularly work with our clients in establishing:
- Appropriate inventory management techniques (ROL/ROP etc)
- Optimised target inventories (holding cost vs. ordering cost vs. service)
- Tactical stock location/s
- Dynamic inventory targets reflecting varying demand patterns
- Safety stock requirements to meet specified service targets
- Improved demand forecasting to allow for optimised inventories
- Benefits analysis of VMI or consignment stocks
- Optimised stores layout and handling practices
- Strategy implementation
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