Inventory optimization aims to ensure the required service level and part availability with the least possible working capital. With professional inventory management, both the necessary flexibility is provided and costs are reduced.
For many businesses, inventory levels are a natural output of the business, and traditional business practices justify this inventory to managers and are not focused on it. Most of the time, the content of this inventory does not meet the needs of the customer and sales teams or is of insignificant quality for production and assembly activities.
It is almost impossible to offer a high service level to the market in cases where inventory is not managed well. High inventory; It damages the balance sheets of companies, increases the need for working capital, and raises the cost of the company to find credit. Dijitalis supports companies operating in the manufacturing and retail sectors to optimize their inventory throughout the supply chain.
It is possible to increase customer satisfaction, provide uninterrupted supply, and achieve these with lower working capital simultaneously with inventory optimization.
Dijitalis reduces inventory by placing analytical methods, specially developed solutions, and a standardized and optimized inventory management process. If necessary, possible scenarios are tested with simulation analyzes during these studies, and solutions that have been proven to work are put into operation in this process. Solutions that will improve demand forecasting accuracy will also contribute greatly to this process.
The way to reach the goal is to gradually increase the level of detail and complexity of all analyzes and solutions. Optimization is done on a product group or SKU basis according to the requirements of the situation. Dijitalis' concrete inventory reduction solutions include;
- Systematic review of material parameters
- Alignment of procurement processes with the optimum target
- Determination of target inventory levels at all levels of the value chain
- Implementation of advanced planning, scheduling, and forecasting tools
The general benefits of inventory optimization studies will be as follows;
- Lower inventory levels and faster cash flow
- Increased stock availability and supply capacity
- Definition of organizational structure for optimum material planning
- Determination of appropriate inventory strategy for each product category
- Inventory levels and trends become transparent and dynamic