“A Turn Key Solution” are supply chain specialists who have achieved success through listening, observing and working closely with our clients and technology partners. We have implemented real supply chain management solutions that deliver tangible cost effective and long lasting outcomes.
We believe in undertaking a comprehensive review of your demand management, forecasting, inventory management and warehouse management functions to develop an understanding and familiarisation of your supply chain, the functional relationships and current drivers that contribute to the existing cost, delay and service level outcomes.
Through the use of our supply chain management optimisation tool kit, we are able to provide our clients with several alternative solutions, each with a cost/benefit analysis. This fact based approach provides our clients with the ability to make informed and timely decisions, which will lead to faster deployment of solutions to improve their supply chain.
A Turn Key Solution delivers real supply chain solutions that are transferable and scalable.
Demand management optimisation
A Turn Key Solution will develop and implement a rules based demand management process for your organisation which will allow retailers, manufacturers and wholesales to develop more accurate demand data and become more profitable.
By working on the drivers that influence the demand management process, we are able to minimise variability of demand by creating a more responsive and cohesive supply chain through the application of statistical techniques at item, brand, category or business level.
Our toolkit will also provide our customers and their suppliers with greater visibility across the supply chain. This creates the opportunity for making timely and informed decisions on reducing operational costs and inventory investment costs without compromising customer service levels.
If you are using a number of applications or technologies for your demand management process, we are able to centralise your data to a single application and improve your reporting and management control capability.
Inventory management optimisation
In order to understand how your organisation can minimise their investment into inventory without compromising customer service levels, it is important to dissect Inventory Management into two categories: System and Physical.
System is the core which contains structure, planning rules and item parameters that combine to produce your inventory decision making.
Physical is the outcome of movement by means of technology or manual process within a warehouse, factory or retail environment.
An effective Inventory management strategy must encompass both categories under an inventory policy with control protocols in place that are regularly reviewed and modified as part of your optimisation process.
We have developed a toolkit for assessing your entire inventory management process and will work with you to implement effective strategies to take control of your inventory investment.
For SME’s who prefer to work on their own, we offer an MS Excel based resource tool kit in downloadable format or CD Rom
Based on your business, we aim for a 20 - 45% reduction on your inventory investment.
Forecasting is anticipating what your company expects to sell in a future period. There are various forecasting methods that can be applied, these being:
- Qualitative Models - These incorporate judgement and subjective factors. Models used include: Delphi Method, Jury of executive opinion, Sales force composite and Market survey
- Time Series - These models are based on historical data and include: Time Series Methods (Naive, Moving Averages, Weighted Moving Averages,Exponential smoothing),Trend analysis, and Seasonality analysis.
- Causal - Incorporates factors that influence the quantity being forecasted, models being: Simple Regression analysis and Multiple regression analysis.
Our aim is to work with our clients to develop a cash-flow strategy that optimises inventory investment which consists of a forecast, an inventory policy and decision making based on a situational analysis.
Supply chain optimisation
Supply Chain |
Logistics
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