“Since starting a programme with nVentic we have reduced our inventories by over 50%.”
COO, Industrial manufacturer
Analytics is only ever part of the solution with inventories and for inventories to be sustainably optimised, it is essential to ensure that people, processes and systems are all aligned to deliver the best results.
nVentic works flexibly with you to move your inventory management to the next level.
Inventory is influenced by almost every aspect of your business, from production to sales and from procurement to R&D. While supply chain teams are constantly striving to keep inventories at good levels, it can be hard to know at an enterprise level where the biggest opportunities for further improvement are, or how you compare to your competitors.
nVentic can take the temperature of your inventory management. We combine a granular, bottom-up quantitative assessment of your potential for improvement with a qualitative overview of your people, processes and systems, including relevant benchmarks, to give you actionable insights into where to find the next step change in your performance journey.
Inventory sits right at the heart of your supply chain and is both a symptom and cause of your supply chain performance. Getting inventory right keeps your customers happy, increases flow and reduces cost and waste, whatever the balance between customer-centricity and efficiency you are trying to achieve.
In our inventory optimization programmes we help organisations identify and deliver sustainable improvements in inventory performance. Our specialist consultants provide expert analytics and effective change management backed up by a clearly measurable business case. Improvements to inventory positions of 20% or more, sometimes much more, are usually achievable within the first year, at a high return on investment.
Are you trying to solve a very specific problem relative to your inventory management?
nVentic helps clients on a wide range of topics that are relevant to inventory optimization, often on an ad hoc basis. If you have a problem with inventory, then we are interested in it too!
Whatever your inventory challenge, speak to us today about it.