Warehousing space can be optimised by ensuring that the correct level of stock is being maintained at all times.
Gideon Hillman Consulting supports many of its clients by the provision of dynamic Inventory Management Tools models, allowing you to maintain and refresh the calculations without the need for extended or unnecessary consultant time.
The following are examples of areas where these tools are provided:
- Cycle Stock
- Replenishment Lead Time Safety Stock
- Demand Variation Safety Stock
- ABC analysis of SKUs
- Economic Order Quantities (EOQ)
See also: Inventory Management Optimisation