For a durable goods firm aiming to manage inventories…
Key Business Issues
- Company’s new focus on inventory investment
- Long order- to-delivery lead time (8 months)
- High Work-in-process inventory
- Slow or no results on current logistics intervention
Services Provided
- Supply Chain Diagnostics & Assessment
Solution Components
- Installation of Key Performance Indicators and identification of process owners
- Review and development of inventory stocking policy and order quantity
- Identification of production bottlenecks, long queues, and long waiting time
- Planning process redesign
Business Results
- Key Performance measures in-placed
- Project implementation - ongoing
- Inventory reduced by 15%-20% during initial implementation
