Inventory Management


Don't Supersize Your Inventory

How you can prevent letting a new product launch or market entrance Supersize Your Inventory?

Buffer and Suffer: Why a good forecast beats safety stock

Ideally, a forecast prepares you to meet customers demand without leaving a lot of extra inventory in the warehouse. However, because most forecasts are not very reliable, you will probably keep some safety stock on the side. Relying on safety stock proves to be an expensive strategy.

Defining Customer Service Levels - How to keep customers and shareholders satisfied

Companies can reduce inventory of finished goods and components and optimize receivables while ensuring the optimal allocation of resources to the most profitable customers.

Don't be a SLOB: Slow moving or obsolete

One of the core concepts of effective inventory management is the trade-off between the levers of cash, cost and service. To apply these levers, a good starting point is an analysis of existing inventory levels.

Managing cash flow when your raw material supply is seasonal but your sales are not

In a business strongly driven by supply, learn how to be successful in an inventory reduction program without damaging the shareholders' return.

Optimising Your Inventory Is Science, Not Art

Optimal inventory levels can be determined with a high level of precision by taking a systematic and scientific approach to inventory optimisation.

Stop Doing Make-To-Order Reduce your stocks by 20%

By introducing selective make-to-stock policies, manufacturers facing unreliable or high changing demand signals manage to decrease inventory while increasing service levels.

The Cure for Inventory Hoarding

Most companies that undertake a systematic, end-to-end effort to streamline their sup-ply chain reduce their total inventory levels by 15 to 30% consequently freeing cash that can be used for more productive purposes.

Using Incentives for Optimization

Inventory reduction initiatives are usually initiated centrally, by the finance, treasury or supply chain department. In order for these initiatives to be effective, those responsible for implementing the directive, such as sales staff, need to be incentivised to improve their inventory management performance.

Research

REL provides intelligence and insight on how companies can achieve corporate ambition through the liberation of cash. We are dedicated to providing senior executives with fact-based performance metrics and best practices through proprietary research publications. Executives realize that in a volatile era, there is no substitute for cash. No matter how much revenue you recognize or how many assets you have on your books, the simple and enduring truth is that the only enterprises that survive are those that generate enough cash to keep their operations running.