Tag: Inventory Optimization

Inventory Intelligence Inventory Reduction: Actionable Insights For a global manufacturer, Kormac delivered SKU-level and group-level inventory management insights, revealing opportunities to: - Improve inventory turns and balances - increase visibility and address non-moving inventory - Improve and sustain customer service performance Our collaboration enabled a $20 million reduction in inventory.

Inventory Insights
Actionable Insights for Inventory Reduction

A global manufacturer engaged Kormac for assistance in achieving sustainable inventory management. Our analysis and collaboration contributed to a $20 million (10%) reduction in inventory in the first year….

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2024 Maze
Feeling a little lost in 2024?

While 2023’s anticipated recession never arrived, geopolitical uncertainty poses continued challenges to forecasting, planning, and execution….

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Manufacturing Inventory Reduction: Achieved Elusive Inventory Management Target Implemented global best practices; achieved corporate inventory target for the first time in 7 years.

Manufacturing Inventory Reduction
Achieved Elusive Inventory Management Target

To improve cash flow while mitigating risk, many companies are reevaluating their approach to inventory management. Excess materials and persistent shortages remain despite the overall recovery from pandemic constraints. When times were tough, gaps in inventory management discipline magnified the impact of constrained supply chains. As conditions improve, discipline gaps still leave...
Inventory Intelligence Inventory Reduction Precision Supply chain disruptions have left many organizations holding excessive inventory. Guided by precise, item-level insights, we're helping clients align, forecast, and make strategic decisions to optimize demand and supply. Typical Results: - 10%-90% cost reduction - 20%-30% inventory reduction - 25%-60% space reduction

Inventory Intelligence
Inventory Reduction Precision

As supply chain disruptions ease, many organizations are left holding excessive inventory accumulated during the turmoil. Our Inventory Intelligence Surgical Strikes provide a path out of the wilderness toward optimized inventory and availability. While inventory executives can typically slice and dice data to reveal relative performance and volumes, they often...