Supply Chain HealthCheck
- Identifies Core Problems
- Identifies Where The Major Savings Are
- Identifies What Actions Need To Be Taken
- Identifies The Future Potential
Primarius’ Supply Chain HealthCheck is an intense review carried out on our client’s existing supply chain. The aim of the HealthCheck is to identify the range and value of improvement opportunities existing today and then identifies actions which are necessary to achieve these improvements.
Core to the HealthCheck is an analysis of how people, processes and systems are currently working and to identify core issues leading to sub-optimum performance. Detailed inventory data is extracted from the host systems to build a picture of sales performance for each product at each location and to then develop a forecast for future sales. Existing on-hand inventory levels and firm purchase orders are then overlayed into the analysis to build a strong understanding of existing inventory performance and projected future inventory utilisation.
The HealthCheck is an invaluable source of information, explaining the impact of poor processes and systems and demonstrating the causes of low stock turns and out of stocks. Improvements to the business are modelled with scenarios involving shorter leadtimes, reduced order quantities and safety stock levels included. These scenarios clearly show the impact in financial terms of changes to inventory management techniques - by improved stock turns; reduced inventory levels; improved in full, on time order fulfilment rates and reduced product obsolescence. Excess stock is identified and action plans begun to release cash back into the business.
