life cycle and risk management

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Whether you are running a store or managing a raw material warehouse, maintaining right inventory level is the key to success. If not managed accurately, consequence will be either of the following: - Stock-out (resulting in inability to serve internal or external customers, loss of business and spoiled market reputation) - Over-stock (resulting in tying up of precious funds in inventory, impaired cash flow, unnecessary storage costs and expiry/obsolescence of goods in certain cases) Don’t worry! with my experience in Material Management, I can set the right inventory levels for your store/warehouse, so that you neither go out-of-stock nor get over-stocked. I will define the following parameters for each of your item: - Safety Stock (i.e. minimum stock that you should always keep, in order to meet any unforeseen requirements) - Re-order Level (i.e. the inventory level at which you must order new goods) - Economic Order Quantity (i.e. quantity you should order every time to achieve overall low costs) - Maximum Stock Level (i.e. the level beyond which your inventory should not go) So get in touch, to get control on your inventory.

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