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 less 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