What is Inventory Optimization

Inventory optimization is the act of employing inventory management strategies to minimize working capital investment, cost, and risk on an ongoing basis while achieving the company’s customer service objectives.

How we add value

• ABC-XYZ Analysis
• SKU Simplification / Rationalization
• Safety Stock Evaluation / Recommendations
• Cycle Stock Evaluation / Recommendations (Replenishment Frequency)
• MRP Planning Parameter Review / Recommendations
• Inventory Metrics
• Inventory Performance Review & Monitoring (Stock Outs, Safety Stock Penetration)
• Inventory Strategy Recommendations by Inventory Classification (ABC-XYZ)
• Excess and Obsolete Inventory Evaluation and Management Process Design
• 2-Week inventory deep dive
• Inventory Management Training