Primarius is an advisory firm and developers of specialist optimisation software solutions. Our area of expertise is in improving business operations so that companies become more profitable and can improve their cash flow.
Our specific areas of expertise are in inventory and resource optimisation.
In many businesses inventory is an essential ingredient for their success. They either make stock items or buy it in from suppliers for sale or distribution to other parties.
As such the management of this inventory is vital for a number of reasons –
Inventory ties up a lot of cash. Superior management of inventory means less cash is needed to fund the business and can be invested elsewhere or used to retire debt.
Sales targets can’t be met if the business runs out of stock of key lines. Customers will move to other suppliers who can provide more reliable service. Similarly if a business can offer superior order management capabilities it will become more competitive, pick up customers and increase sales revenues.
Inventory attracts costs. The cost of the items bought, the cost to transport it, the cost of financing the purchase, the cost to store the goods, the cost to distribute inventory, the cost to manage it and, unfortunately, the cost to write-down or scrap unsellable stock, all contribute to costs and dilute margins. Planning, buying, storing and managing inventory more efficiently lowers these costs and leads to increased profitability.
Managing inventory so that cash flow, revenues and costs are optimised cannot be accomplished by traditional management techniques and software systems.
Primarius provides both management advice and the necessary software system (our OMS Inventory Optimisation solution) required to optimise inventory. Combined, Primarius can assist firms to increase sales, reduce costs and improve stock turns – improving profitability and working capital utilisation.
Projects where OMS has been used have achieved significant inventory reductions – averaging 40% - with improvements being seen within three months of implementation (which is a normal lead-time for any new orders placed).