Inventory optimization - With consulting to lower inventories

Inventory optimization is the ability to manage inventory. In other words, a company must have the right inventories so that the targeted service levels can be achieved and at the same time as little capital as possible is tied up in inventory. Volatility in terms of supply and demand must be taken into account. It is important to know that inventory optimization is an ongoing process that entails permanent observations and adjustments. The aim of inventory optimization is to cover fluctuating market requirements by controlling and planning the value creation processes.

Inventory optimization makes sense at any time, but varies from company to company. In order to reduce inventories in an economically sensible way, it must be known which factors have an influence on inventories. Since many companies have a lot of money tied up in inventories, these sums are not available for investment. In these cases, reducing inventories can reduce costs and free up capital at the same time. This alone shows you that inventory optimization always makes sense.

With the SOP – the Start of Production – the factory planning is followed by the ramp-up support, which is to ensure the achievement of the targeted capacity utilization by successively increasing the production load. This is done by fine-tuning production logistics and stabilizing production processes. In addition to the support of the production systems, the object support and documentation is carried out.