Tag: Replenishment

What type of organization requires a highly flexible replenishment model? - Intermittent or "long tail" demand across a wide SKU base - Sporadic, unstable, or highly variable order patterns - Non-repeating or project based demand cycles - Extensive assortments of slow-moving or specialized SKUs Opportunity Indicators: low inventory turns, poor OTIF, stockouts, delays, and lost sales

Flexible Replenishment Models

For Unpredictable Demand Across Wide SKU Base

Flexible replenishment models—leveraging historical data, real-time analytics, and demand variability—enable companies to maintain service levels without tying up working capital in excess inventory. We help our client partners build tailored, data-driven replenishment processes that boost both efficiency and customer satisfaction….

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Enhanced demand management, supply chain, and collaboration

Category Management

Reducing Annualized Material Costs

Kormac recently partnered with a global distributor of engineered components to address inefficiencies across its supply chain. We jointly achieved 20% reduction in annualized material costs, 18% reduction in working capital inventory, and 50% improvement in customer fill rate….

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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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CNBC State of Freight What the latest warehouse data is signaling about inflation and the economy Published Thu, Jan 12 2023-6:00AM EST | Updated Thu, Jan 12 2023-6:07PM EST Author: Lori Ann LaRocco

Getting Warehouses into Shipshape

CNBC State of Freight: What the latest warehouse data is signaling about inflation and the economy

CNBC’s recent “State of Freight” updates reveal “High inventory levels are limiting [warehouse] capacity, and combined with less new square footage coming into the market due to higher interest rates, are keeping prices up even as the economy slows.” Kormac has sensed those headwinds as many manufacturing leaders have recently...
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...