Reducing your inventory, reduces the working capital requirements that can be invested in other parts of your business.

Support Logix can help with your inventory management by reviewing your planning functions, your customer service levels and assist with the setting of minimum, maximum, re-order and safety stock levels. We can also help with production capacity and illustrate how this is affecting your stock holding.

There maybe oppurtunities where your suppliers hold a minimum amount of stock for your business. This enables 'Just in Time' (JIT) practices to be utilised in strategic areas. This practice has been useful in high production industries in ensuring raw materials are never too high or low. It keeps the business flexible, waste is reduced to a minimum, storage costs are reduced and risk of non-supply is better managed.

Improve your business dynamics, build win/win relationships with your key suppliers, they will be keen to help in most circumstances. Your business growth benefits their growth.

Improved inventory management can improve your cashflow cycle and your total investment. Support Logix would like to help, make contact today if you would like assistance.