Inventory Management

At Clearpepper, we believe that inventory is a strategic investment and that your Return on Investment should be as carefully planned and monitored as with any other business investment. Therefore, inventory management and inventory control should be a major theme of any supply chain strategy.

Clearpepper is the perfect partner to help you to understand and optimise your inventory management strategies through our wealth of experience and our proprietary inventory management tools and software. Based on your demand, forecast, and purchase order receipt history, our inventory optimisation tools can help you to:

• Determine your supply chain cost curve.
• Define your inventory management and inventory control strategies.
• Determine required inventory levels for varying service levels based on demand variability and supplier reliability.
• Calculate exact buffer stocks for each model.

This analysis can then be used to determine key actions needed to improve service levels and reduce inventory. Such actions may include:

• Revising the number of stockholding points.
• Reducing lead times or improving forecast accuracy.
• Increasing replenishment frequencies.
• Improving demand management processes.

To see sample outputs of the Clearpepper inventory management and optimisation tool, please view the example page.

To discuss how we can help you with inventory management, please contact us.