INVENTORY OPTIMIZATION SERVICES
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No more. No less

Strike the right balance between inventory and service levels

PROCUREMENT TRANSFORMATION

When it comes to optimizing inventory management, the questions are many: What is the right level of inventory? At what point in the supply chain? How do I know what is optimal? Are we prepared for seasonal shifts?

Enterprises that follow a conventional single-stage, single-item inventory optimization model that looks at each SKU and stock location will be out of step — and perhaps out of luck — in today’s global, interconnected business operations. The result: frequent stock outs, overstock, unhappy customers and blocked working capital.

CBSV helps Fortune 500 and Global 2000 enterprises worldwide improve their inventory management capabilities, and create more responsive, more efficient supply chains. CBSV can quickly assess your current inventory situation and devise a plan to simultaneously increase product availability and service levels while reducing investment in working capital.

Within Prudential, the procurement transformation program is a big success. We actually delivered the majority of the program within 13 months with CBSV.

– Richard Powell, Director of Procurement and Supply Chain, Prudential

What to Expect With CBSV’s Inventory Optimization

    • Multi-echelon inventory optimization
    • Cost-effective postponement strategies
    • SKU rationalization
    • Optimization of all inventory components, including cycle stock, safety stock, raw material, work-in-process, and finished goods
    • Strategic use of Vendor Managed Inventory (VMI)
    • Enhanced supplier intelligence for precise inventory planning and zero out-of-stock situations
    • Demand forecasting and planning
    • Development of Just-in-Time (JIT) strategies

KEY BENEFITS OF MEIO

    • Multi-Echelon Inventory Optimization (MEIO) can help:
    • Align inventory with customer demand
    • Improve inventory turns
    • Reduce unnecessary storage and handling requirements
    • Increase sales by eliminating stock-outs
    • Eliminate excess and obsolete inventory
    • Improve customer service levels
    • Reduce the need to expedite production and transportation

Key Capabilities

Procurement Strategy

Organization & People

Sourcing & Management

Technology

Inventory Management

Supply Chain Data Management

Planning & Forecasting

Supply Chain Network Optimization

Healthier Cash Flows, Optimally Utilized

Our procurement transformation engagements are led by seasoned procurement experts and supported by a world-class infrastructure comprising our sophisticated methodologies; cloud-native procurement software; a rich knowledge base of best practices, benchmarks, and analytical tools and templates; market intelligence capabilities; and global reach.

TOOLS OF THE TRADE

Our experts can devise an improvement plan to reduce working capital and increase inventory velocity. We’ll help you capture every available demand opportunity while optimizing the use of cash to fund operations.

Remember, having the right products readily available is critical to capturing demand while keeping inventories low. When items are ready “just in time,” they aren’t sitting idle and taking up space, costing money and, possibly, becoming obsolete.

What’s the Impact?

    • Assessment maps for organizational changes
    • S2P process maps
    • TCO models
    • Assessment frameworks
    • Benchmarks databases
  • CBSV’s Multi-Echelon Inventory Optimization approach is designed to meet demands of the most dynamic and complex global supply chains, striking the right balance between inventory costs and customer service levels.
  • Our team’s core analytical skills are combined with inventory data from existing clients to help establish benchmarks and best-of-breed assessments.
  • After a comprehensive assessment of your current inventory management processes and business requirements, CBSV’s management consultants help optimize every component of your inventory operations, including cycle stock, safety stock, raw material, work-in-process, and finished goods.
  • At the end of the day, you will have optimal inventory levels across all locations, for all products, throughout the supply chain.

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