Supply Chain and Inventory Management
Providing long term benefits through supplier partnerships and a Total Cost perspective
- Do you have too much inventory but your sales people want more?
- Are your inventory records inaccurate?
- Do you buy based solely on part cost?
- Is your annual cost reduction target 5% or more?
- Are your customers asking for "Just-In-Time" deliveries?
- Should you outsource more?
The R. Pay Company, LLC can help you answer these often-challenging questions and get breakthrough results. Our proven techniques optimize your supply chains and improve customer service while reducing your total cost.
Here's an example.
The ABC Company has inventory turns of between 4 and 6 while their world class competition turns 18 times or more. Not only is this a major overinvestment in inventory, but it exposes the company to obsolescence, scrap and high holding costs. After a thorough assessment that asks questions no one has asked before, The R. Pay Company helps implement practical, sustainable inventory programs that improve turns, trim holding costs and increase accuracy. Drawing on our extensive experience with Kanban, supplier managed inventory, two-bin, min/max systems and others, we can meet your company's specific inventory management needs.
Through hard-hitting inventory management processes, supplier selection, certification and performance measurement, together we can shorten supply chains while improving service and profitability. For more on this, see Supplier Partnerships for Competitive Advantage.