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Right part, right place, right time — always!

To gain a competitive edge in today’s marketplace, manufacturing companies need to have an efficient and effective inventory management system. Left unattended, inventory can quickly change from a company asset to an unwanted liability.

icon Sales & Operations Planning

Sales & Operations Planning

Understanding your Customer’s Delivery Tolerance Level is essential since it contributes heavily to the inventory strategy and segmentation of make-to-stock, make-to-order, and adapt-to-order or configured-to-order products.

icon Warehouse Optimization

Warehouse Optimization

Warehouse optimization involves implementing the ideal layout for utilizing space and conducting warehousing functions as efficiently as possible. Efficiency gains lead to an indirect cost reduction.

icon Warehouse Automation

Warehouse Automation

Challenges related to inventory accuracy, redundant processes, picking for production, picking for shipping, and the streamlining of processes can be overcome by a combination of automated material handling systems, barcoding, automated data collection, process redesign, and alignment of your ERP system.

<span>Sales and Operations</span> planning.

Sales and Operations planning.

A robust Sales and Operations Planning process is vital for bringing together key functional departments — Sales, Marketing, Engineering, and Operations — in order to determine how best to manage company resources and make future investments. It makes the following possible:

  • Discussions about various trade-offs between customer service, inventory investments, production capabilities, supply availability, and distribution concerns that can turn challenges into a competitive advantage when these efforts are well organized and effective.
  • Establishing a successful S&OP process, including the need to have up-to-date information regarding future time-phased demand, production capabilities, inventory status, and any limitations on resource availability and their influence on each other and overall company results.
<span>Warehouse</span> optimization.

Warehouse optimization.

While most companies understand that inventory can become a liability if not properly managed, many inventory management strategies and reduction programs fall short of expectations. More often than not, this is because the scope of the strategy is too narrowly focused or the reduction program is executed out of sequence.

The following outlines the suggested approach and sequence of execution that enables our customers to implement a strong value chain in which they can deploy a solid inventory management strategy that meets their objectives and expectations.

  • Understand your customer’s Delivery Tolerance Level
  • Configure your ERP to reflect Delivery Tolerance data
  • Strengthen your Supplier Performance Program
  • Optimize processes and align your ERP system with the program
  • Streamline your company’s Quote to Order process
  • Remove keystrokes and take advantage or workflows, macros, and notifications in your ERP system
  • Improve the predictability and execution of  your production schedule
  • Align your ERP with the streamlined approach
Turn your inventory from a liability into an asset.
icon Increased Inventory Accuracy of 5% - 20%

Increased Inventory Accuracy of 5% - 20%

A well designed inventory management program increases inventory accuracy. This reduces stock-outs and urgent ordering for unplanned demand.

icon WIP Reductions of 40% - 70%

WIP Reductions of 40% - 70%

Ensuring that only the right parts are being made enables you to avoid tying up precious manufacturing resources and cash.

icon Inventory Reductions of 30% - 60%

Inventory Reductions of 30% - 60%

When you can clearly see the right level of inventory to hold, this allows you to only order or produce needed parts.

icon On-Time Delivery Gains of 20% - 45%

On-Time Delivery Gains of 20% - 45%

Keep customers happy with on-time delivery by knowing you have the necessary raw material of sub-assemblies in stock.

icon Lead Time Reductions of 20% - 60%

Lead Time Reductions of 20% - 60%

Anticipating customer demand through inventory management best practices allows material and operations to flow more consistently thorough the stop. This reduction of process stop/start due to material directly impacts your lead time.

icon Cost of Quality Reductions of 20% - 60%

Cost of Quality Reductions of 20% - 60%

A good inventory management program addresses quality issues by integrating a supplier management program.

Customer Stories
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Since going live, we have seen significant reduction in inventory while increasing throughput as a result of better utilization of our resources.

Jim Adams, Controller