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Stock Reduction
Inventory Performance Improvement Print E-mail

Holding the right inventory is central to financial performance. Most networks have sub-optimal inventory levels which drive up costs in the following areas:

  • Excess and obsolete stock leading to write offs or provisions.
  • Customer service failures resulting in lost business or lower margins.
  • Surplus inventory incurring excess cost of capital.
  • High levels of rush orders with ensuing 3rd party transport costs.
  • Unnecessary purchase order activity driving excess admin overheads.
  • Higher levels of outbound transport activity due to poor inventory availability.

Red Kite solutions will deliver reductions in all of these avoidable costs by

  • Identifying the causes and remedies to poor inventory performance.
  • Improving the way your systems drive purchasing and stock.
  • Training your staff in supply chain best practice.
  • Using inventory optimization software to determine affordable inventory and service strategy.

We can achieve these savings quickly so you can deliver an improved full year result. A recent client was able to report a 3 million pound (25%) reduction in inventory between their half year and full year results by engaging Red Kite and taking control.

We offer a free Inventory Health Check to enable you to see how much you could save without any further commitment or costs. Call us now or fill out the contact form to the side of this to find out more.