INVENTORY OPTIMISATION ACROSS SUPPLY CHAINS
Inventory is probably the prime measure on the performance of a supply chain. Only through the management of the inventory flow can a supply chain be truely successful in adding impressive levels of level for their organisation as well as their supply chain partners.
Your Inventory strategy is first port of call
Inventory strategies define how an organisation plans, buys, and holds inventory across its supply chain to balance service levels with holding costs. But it is also so much more!
The inventory strategy gives the business direction as well as setting boundaries that the business does not want to cross.
This strategy gives direction to the planning team on how to plan their manufacturing schedule to ensure finished works orders meant for customers are completed to meet the customer due dates, but also needs to be on time to meet the carrier who is delivering the goods to the customer’s site.
THE MANAGEMENT OF YOUR PULL/PUSH BOUNDARIES
Production planning is not a difficult practice to perform,
Get in touch to discuss Operational Planning
Accurate demand forecasts can add massive amounts of profit to your bottom line