NAML - Inventory Planning

The appropriate deployment and control of inventory is critical in order to satisfy the required customer service propositions without tying up too much working capital in excess inventory holdings.
	Questions we typically address What is the relationship between product numbers and units moved – Pareto analysis What profiles do products fall into e.g. predictable, lumpy, seasonal, growing, in decline etc… How much of each type product should be held in the network to achieve a particular level of service? How much stock should be held to account for variability in demand and / or supply? Is an automated inventory planning system appropriate for our operation and if so which one?
Methods and Tools Inventory profiling Process simulation Analytical database Inventory simulation and inventory modelling are an integral part of LogiMap, our Logistics modelling software tool used by our inventory consultants.