We do one thing, and we do it really well.
Your minimum and maximum inventory re-order levels are so important, yet they are often overlooked, guesstimated, or a second-thought.
This is because calculating (and recalculating) inventory levels is a specialist skill, and one that is required so infrequently, that the detail and process often gets forgotten in the intervening months or years.
We help to bring consistency to this process. By focusing on this foundation of your inventory activity, we can help to ensure every subsequent inventory decision is built on a solid footing.
Why fine-tune your inventory levels?
Improve Service Levels: Ensure the right materials and products are available exactly when needed to meet production schedules and customer demands.
Free Up Cash Flow: Reduce excess stock and reinvest the savings into growth opportunities.
Reduce Waste: Minimize overproduction and material obsolescence, contributing to a more sustainable operation.
Boost Efficiency: Replace outdated blanket approaches with dynamic, data-driven insights that adapt to market changes.
It doesn’t have to be guess work.
In many businesses, inventory levels were once ‘right’, but invariably get tweaked and altered with the passing of time.
The good news is that the historical data needed to achieve this exists, it just needs to be interpreted in the right way. We combine the precision of advanced smart inventory modeling with the strategic insights of seasoned supply chain analysts.
With Stock Refresh, we work with you to recalculate your levels, restoring the stability and confidence you once had in your numbers.
Outsource your stock levels stress to us.
How it works.
1. Workshop
every business will have important differentiators that will want to be captured and will be critical to avoiding false inventory levels.
2. Configure Model
We build a bespoke model of your inventory, based on our workshop findings and discussions.
3. Run Simulation
We run tens-of-thousands of clever simulations, using your historical data to better predict your future need.
4. Review Outputs
A supply chain data analyst reviews the output to ensure quality and human oversight. (this is very important).
5. Define Strategy
We work with your supply chain/ inventory team to define a new strategy and update your current target inventory levels.
6. Repeat on cycle
We re-run this process at set intervals to ensure you are always getting the most out of your inventory.
A one stop outsourced service.
Once we understand the unique characteristics of your supply chain, we’ve designed our process to allow inventory to be refreshed quickly and painlessly, as often as you require.
Not to mention the insights that can be uncovered. We can tell you where inventory targets have deviated most from optimal levels, and also shows where supply chain performance (manufacturing reliability / forecast accuracy) is resulting in disproportionately high levels of stock.
With us handling your inventory management, you can enjoy peace of mind knowing that this critical aspect of your business is in capable hands, allowing you to dedicate more time to strategic initiatives, customer engagement, and daily operations.