Inventory Optimisation for Industrial Distributors
Bridging the gap in the supply chain
The world is getting smaller. The Far East now dominates the
supply scene, bringing with it the challenge of predicting future
good needs up to six months in advance. Add to that the
restrictions of minimum order quantities and the constraints of
containers, Trade Merchants perform a delicate inventory balancing
act on a day-to-day basis.
End users are now more demanding than ever, looking for the
one-stop-shop solution, and if you don't hold the stock, someone
else will. New products have to be accounted for and good stock
management is critical if Trade Merchants want to avoid getting
stuck with obsolete stock. This requirement to hold broader product
portfolios with shorter life cycles means Trade Merchants must also
become the masters of promotions, pushing 'older' products or
products with excess out of the door.
Taking control of inventory management
At Barloworld Supply Chain Software, we understand that managing
a complicated forecasting process across many products and with
many inputs is a real challenge; it's little wonder that many Trade
Merchants are forced into buying outside of the system at inflated
prices in order to satisfy their customers. But this doesn't have
to be the case. Taking back control of inventory management can be
a painless task. We at Barloworld Supply Chain Software bring a
world beating methodology, teamed with first class software and
expertise that will transform your supply chain into a process that
works with you and your staff to inspire your business.
Demand Planning and Understanding your needs
At Barloworld Supply Chain Software we understand the need for
effective processes to ensure effective demand management and that
optimal orders are placed week-in and week-out. While Trade
Merchants can easily collect accurate inventory data, without the
right tools, successful manipulation of that data to create good
forecasting information is a challenge. All too often, pressure is
unfairly placed on Trade Merchants inventory planners to perform
magic with that data, but with our help you can analyse and
properly present this readily-available raw data, and transform
simple replacement of inventory into forward planning, strategic
modelling, visibility and control.
Delivering effective inventory management for our
As the UK's largest supplier of industrial goods and services of
its type, WYKO came to Barloworld Supply Chain Software looking to
reduce stock in its national distribution centres and improve
service to its branches.
"In order to ensure the highest level of service to our
customers, traditionally WYKO has maintained a very sizeable
inventory. We found that the cost implications of such stock
holding was constricting the company's ability to grow and
approached Barloworld Supply Chain Software to provide us with the
means to significantly reduce stock while maintaining service
levels," comments Alan Whetstone, Commercial Director at WYKO.
"Barloworld Supply Chain Software's inventory management
software, Optimiza, together with an improved methodology for
inventory management has allowed WYKO to grow our business without
any significant increase in stock."