Inventory Optimisation
Do you feel that you are holding excess inventory? Do you have an issue with deadstock? Are you looking to improve your on time delivery? Do you want to release cashflow? These are all issues, that we have identified through extensive research, which affect a vast majority of UK companies and can all be affected by your inventory levels. Get in touch with Libero today, to discuss how we can begin to improve your situation.
‘The Libero Way’
Inventory management is fundamental to your business and the level of success you will achieve. Your stock levels have a direct impact on your productivity, your customer service and your financial performance….. of that there is little doubt.
But who actually takes ownership of your inventory and your inventory management processes?
Should you actually be thinking of your inventory as a liability rather than an asset?
Whilst your inventory has a value on paper, the harsh reality is it will rarely be worth much to another business.
Cash is King – there is no disputing its value – it is the most liquid asset you can have. The true value of your inventory is often out of your hands, and you should therefore consider very carefully how much of your cash you want to convert into inventory. Converting inventory into cash is very easy – converting inventory back to cash is much more difficult.
We understand that viewing inventory as a liability may be seen as radical viewpoint. However, it is intended to provoke a different way of thinking about inventory, and to encourage a more critical focus on this pivotal area of your business.
Supply Chain Expertise
The Libero team has built up a vast amount of experience operating within supply chain across a broad range of industries. Working with some of the UK’s most reputable businesses has ensured that we have the knowledge and expertise to make a tangible difference to your operation.
Some Brands We Have Worked With
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Meet Your Consulting Team
James Smith
James has a wealth of experience within all aspects of supply chain, and has held managerial roles at several multinational corporations, each turning over multiple millions of pounds. This varied experience across roles and industries gives James an unrivalled insight into the challenges faced by manufactures of all shapes and sizes
Owen Davis
Owen has worked within supply chain for a number of years, including holding senior roles at British Aluminium and MK Electric (Honeywell). As Green Belt certified practitioner, Owen has continued to work as a supply chain consultant in more recent years.
A Data Driven Approach
We carry out extensive research into your company’s data in order to identify a constructive strategy to optimise inventory and supply chain processes.
Data is absolutely key to the way your business operates, having accurate data is absolutely fundamental. Your manufacturing systems will only ever be as good as the data which is maintained within. At Libero we can help to ensure that you have procedures in place to aid in the upkeep of this vital area of your business.
Testimonials
“Having the had the pleasure of working with James and Owen in a large, complex organisation, I can vouch for their excellent understanding of the challenges and benefits associated with achieving the right stock profile. These guys are problems solvers. They gain an understanding of the opportunity quickly and act to exploit it. They would add value to any organisation seeking to manage raw materials, WIP and finished goods to best effect, liberating working capital without unnecessary risk.”
Randal Hodson – CEO, ESI Technology Ltd
Have Questions?
Interested in finding out more about the support that Libero can provide for your business?
“I have no doubt that engaging with the team at Libero will add significant value to your own organisation’s processes”
Ops/Eng Director and Non-Exec Director for SME startups