A surprising number of supply chain planners rely on outdated inventory management models.
Case in point – conventional single-stage, single-item inventory optimization models that look at each stock item and stock location in isolation. But today's global, inter-connected business operations are far better served by a multi-dimensional approach towards inventory management to prevent stock-outs and improve supply efficiency.
Fact is, even at the most buttoned-up operations, inventory optimization initiatives often pay big financial and operational dividends.
Experience improved customer service levels and higher inventory turns through time-phased demand signals. Enable trading partners to better manage product shipments and improve in-stock performance through VMI. Unlock precious working capital stuck in inventory through better demand forecasting and planning. How? Call GEP first.
End-to-end Inventory Optimization
- Multi-echelon inventory optimization
- Cost-effective postponement strategies
- Time-phased demand signals
- SKU rationalization
- Optimization of all the inventory components, including cycle stock, safety stock, pipeline and pre-build inventory
- Higher vendor managed inventory (VMI)
- Development of Just in Time (JIT) strategies
- Enhanced supplier intelligence to minimize out-of-stock situations
Market Leaders Rely on GEP
For more than a dozen years, GEP has helped Fortune 500 and Global 2000 companies worldwide improve their inventory management capabilities, create more responsive, more efficient supply chains.
Our multi-echelon inventory optimization approach is designed to meet the demands of the most dynamic and complex global supply chains, striking the right balance between inventory costs and customer service levels.
At the outset, we provide a comprehensive assessment of your current inventory management processes and business requirements. Then we work with you to optimize all the components of your inventory operations, including cycle stock, safety stock, pipeline and pre-build inventory. At the end of the day, you achieve optimal inventory levels across all locations, for all products, throughout the supply chain.