Inventory Consolidation

Inventory consolidation
 

Inventory consolidation works to simplify your supply chain while reducing costs and improving efficiency.

 

Consolidating your vendors can help save you time and money in several ways:

  • Reduce warehousing, cost of capital, and inventory reduction
  • Reduce invoicing and A/P costs
  • Reduce logistics costs with fewer small quantity orders
  • Reduce unit cost by consolidating raw material and packaging spend 
  • Improve manufacturing efficiency by reducing changeovers, leading to reduced unit cost
  • Reduce inventory for both finished goods and raw materials (including packaging)
  • Increase forecast accuracy due to elimination of small unforecastable products
  • Increase margins and business profitability due to the reduction in operations costs