Deciding on and managing inventory holdings is critical to being able to service customer demand.

Logiworx can show you how you can effectively manage working capital and minimise logistics costs.

To optimize inventory it is vital to consider:

• Targeted customer service levels
• Your supply chain network
• Forecast accuracy and
• The stability of supply from production plants and finished goods suppliers.

Our team will work closely with you to understand how these inputs impact on your inventory holdings. We then work with you to identify alternative inventory policies.

By using leading inventory optimisation tools, we can simulate the effect of alternative approaches on service levels and inventory holdings.

Our team is experienced with most major ERP and advanced planning systems. We can review current parameter settings and recommend changes that will allow the supply chain team to effectively manage inventory levels.

Our approach to inventory optimisation addresses a number of questions including:?

• I know I can improve our service and inventory performance, we just don't know where to start?
• What are the most critical inventory and service performance related shortcomings that we should be addressing?
• Are our people, systems and processes aligned to best-practise inventory and service performance.
• How does our sales & operations planning (S&OP) process compare to others including my competitors??
• By optimisng your inventories you can expect:??
• Improved customer order fill rates.?
• Reduced working capital requirements?
• Lower levels of inventory obsolesence?
• Reduced logistics costs including warehouse space, order processing and freight costs?
• Better cross-functional planning processes and co-ordination.