The
season for buying, purchasing and the season for inventory control are
now. The season for change is now. Now is the time for the changes you need to
make to better prepare yourself and your organization for the next season.
The season of
change is now.
When
a business has a consistent yearlong demand for its products, planning is a
little easier with the right tools.
After all if you pick, pack and ship a thousand units a month and you
know your suppliers lead time and balance order point with applicable
discounts, the purchasing effort can be automated. You can ensure that you have enough inventory
to meet demand, but not too much that warehouse space is wasted or consumed
where other products could be better stocked.
When
a business’ products have seasonal demand, the challenges increase. Add another level of complexity when the
seasonal products are perishable, such as found in the food industry. Productivity has increased importance as does
handling. The need to drive operational
efficiencies increases as the penalties for not doing so become increasing cost
prohibitive.
Some
organizations in food processing are still using the look-and-see method of
reordering. Someone who has been in the business
a relatively long time walks through the warehouse or is able to keep a running
count in their head and orders what they think is right at that time. Chances are if they have been doing this long
enough they may be accurate. They may
also not be. What happens when this
person goes on vacation? What happens if
they take a leave of absence? What
happens when they retire or are suddenly not able to work anymore?
How do you
transfer someone’s gut instinct into a reproducible formula for optimum inventory
levels?
The challenges
of the supply chain have not fundamentally changed since the beginning of
commerce.
What
has changed is the need for quicker access to greater and greater amounts of
information. The need for mobility and anywhere
access. Analytic analysis of the
repository of information collected to identify and respond to new business
demands.
The season of
the switch.
New business
environments require a comprehensive set of integrated, cross-functional
business processes. There needs to be an
alignment of both strategic and tactical operations to improve productivity and
insight, reduce costs through greater efficiencies and flexibility in computing
environments.
Industry
requirements are constantly changing and new systems are needed to meet those
demands and reduce risk through improved financial management.
The
benefits are more profitability, peace of mind and a restful night of sleep.
The solution
starts with a solid foundation of financial management. Add to that advanced options in distribution
management. The end result is a system
that integrates the entire operation.
Better integration means superior customer service levels.
A
happy customer should be the goal of any solution.
Inventory
management with comprehensive sales analysis and forecasting enables a more
strategic approach. Are you achieving
your goals for inventory turnover? How
well do you meet customer demand? Do you
have what they need when they want it?
Do you have excess inventory taking up space and increasing overhead?
There
are different seasons for inventory and seasons for Enterprise Resource
Planning (ERP) solutions.
What worked well
years ago may not be able to keep up with demand or the changing landscape of
commerce today. The overhead of
maintaining an older system can often outpace and out cost a new system
optimized for your industry.
All businesses
struggle to some extent somewhere along the business cycle. Each business has their challenge spot. A fresh set of eyes and thorough analysis can
reveal these bottlenecks and open the door to increased efficiencies and
profits. Profits that can be reinvested
to further drive efficiency.
Experience has
shown that the more of any business that is integrated into a single system the
better that organization is capable of operating. What we do not know is where your
organization struggles without talking with you.
Is
your season of change upon you now? How
will you address the challenges of the next season?
Contact Dolvin Consulting today. Not tomorrow, not next season. We are here to listen and help. We are not here to tell you how to operate
your business. We are a resource that
you can utilize to identify areas of improvement that will help you compete
more effectively with your competition enabling you to fulfill your customer’s
needs. A happy customer is a loyal
customer.
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