Inventory Analysis Services

Inventory Analysis Services Guide

Effective Inventory Management’s Inventory Analysis Services help you optimize stock levels, reduce carrying costs, and improve order accuracy through a clear, three-step process. By combining your existing data with our proprietary tools, we deliver actionable insights tailored to your business.

Step 1: Data Collection and Preparation

To begin our Inventory Analysis Services, send us an Excel® or comma-delimited text file containing as many of these fields as you can:

• Warehouse or store number

• Item number and description

• 12–24 months of usage history (sales, transfers, or production usage)

• Lead time from your primary replenishment source

• Minimum reorder quantity from each supplier

• Current replacement or average cost per unit

• Sales dollars for the past 12 months (optional)

• Current on-hand quantity

Don’t worry if some fields are missing. We’ll evaluate your data and adapt our analysis models accordingly, then let you know if additional information would unlock deeper insights.

Step 2: Collaborative Inventory Analysis Review

Once your data is imported into our Excel® tools, we schedule a conference call to walk you through our findings. During this session, our Inventory Analysis Services include:

• Identifying dead stock and excess inventory

• Recommending optimal stocking levels by location

• Detecting unusual usage patterns in historical data

• Assessing forecast accuracy and selecting the best forecasting method

• Incorporating market trends and sales feedback into your forecasts

• Defining replenishment parameters and sources for each item

• Providing a ready-to-upload spreadsheet of calculated parameters

• Comparing current versus target inventory investment and turnover

• Ranking products by profitability and strategic importance

• Suggesting primary and surplus storage quantities

This live review ensures you understand every recommendation and can tailor them to meet your operational goals.

Step 3: Documentation and Future-Ready Processes

To empower your team for ongoing success, our Inventory Analysis Services conclude with complete documentation:

• Step-by-step instructions for rerunning the analysis with new data

• Templates and spreadsheets preconfigured for your system

• Guidelines for adjusting parameters as market conditions evolve

Each deliverable is customized based on your industry, market dynamics, number of locations, product mix, and profitability objectives—so you can repeatedly generate accurate, timely insights.