We offer a wide range of services to control and reduce inventory which includes study and assess the health of current Inventory Management Process.
- Inventory Analysis is done through various techniques like ABC, FSN, HML, VED, SED etc. for proper item classification for better cost management and implementation of proper authorization.
- Study of optimum stock levels and re-order levels, EOQ
- Shelf life and ageing analysis
- Develop and document effective procedures
- Physical Inventory verification and Stock Reconciliation
- Creation and review of Spare Parts Inter Changeability.
- Studying the effectiveness of Vendors' performance