EIM’s Initial Inventory Analysis helps distributors, manufacturers, and retailers understand exactly where inventory performance is costing them money before they commit to a larger consulting program.
Most organizations know they have inventory problems. What they don’t have is a clear picture of what those problems are or how to fix them.
You send EIM an Excel or delimited text file containing inventory data for each stocking location. EIM analyzes stock levels, usage history, lead times, replenishment parameters, and costs to identify exactly where inefficiencies and gaps are costing you money.
Each analysis is customized. If some data is not available, EIM can generally find solutions.
EIM interviews representatives from the groups in your organization that have an interest in inventory.
EIM does not need to interview everyone in your company, just representatives from each key group.
Many decisions are subjective, and to build the best possible solution EIM needs to understand your company culture, your current challenges, and what your ideal end state looks like. That cannot be done by looking at data alone.
Using your data and the findings from the interview process, EIM creates a step-by-step recommendations report built specifically for your operation. There are no one-size-fits-all answers. Incorporating the talents and market knowledge of your staff, each Customized Solution is created to specifically meet your unique needs.
Distributors facing stock management challenges across multiple locations or product lines
Manufacturers dealing with expanding inventory and rising carrying costs
Retailers struggling with stockouts, overstock, or poor customer service levels
Start with the Initial Inventory Analysis. EIM will tell you exactly what’s happening before you commit to anything.