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Inventory management plays a key role in efficient operation of almost every organization. By means of our ICON℠methodology, you can organize an efficient management system, ensure optimal availability and minimize stock.
Inventories are often compared to a sponge that absorbs cash, which alternatively could be used for the business growth. Therefore, to achieve operational efficiency, it is vital to plan inventory levels in an optimal way, i.e. to minimize invested money while maintaining or even improving the inventory availability. Reduction of non-liquid / excess stock and investments to creation of proper volumes lead to more efficient inventory system through service improvement, high product turnover and healthier business structure.
Our inventory optimization consultants can help you answer the fundamental questions like an optimal order placement period and the order volume, as well as implement the latest innovative developments like JIT (just-in-time) & JIS (just-insequence).
ICON℠, our advanced technology, can help equip your company’s management and operating personnel with fundamental basics and a technique to analyze and control inventory levels – from cost reduction techniques to the daily material management.
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