Inventory Management

Inventory Management and Inventory Control must be designed to meet the dictates of the marketplace and support the company's strategic plan. The many changes in market demand, new opportunities due to worldwide marketing, global sourcing of materials, and new manufacturing technology, means many companies need to change their Inventory Management approach and change the process for Inventory Control.
Despite the many changes that companies go through, the basic principles of Inventory Management and Inventory Control remain the same. Some of the new approaches and techniques are wrapped in new terminology, but the underlying principles for accomplishing good Inventory Management and Inventory activities have not changed.
The Inventory Management system and the Inventory Control Process provides information to efficiently manage the flow of materials, effectively utilize people and equipment, coordinate internal activities, and communicate with customers. Inventory Management and the activities of Inventory Control do not make decisions or manage operations; they provide the information to Managers who make more accurate and timely decisions to manage their operations.


Productivity Balanced Scorecard

Obviously measuring personal productivity is important, and the reasons why are obvious. If you do not know how your staff is doing, then how can you truly know the inner workings of your own company? Staff discontent can put your company in serious jeopardy, while on the other hand, high staff productivity can be your best company asset.
But without measuring these two extremes, and which way your staff might be moving towards them, how will you ever know? Not knowing your company's inner workings should never be a part of the way you do business. Decisions that are made towards sales, whether buying or selling, are also impacted by your company's staff.
If your finances are declining because high labor costs are causing a drain on savings that could be used for making important company purchases, you would be unaware, without actually measuring, which areas need the improvement. On the other hand, if you do measure your staff's productivity, then you will know, for example, which employees should be rewarded, for high performance levels, that are saving your company money.

Benchmarking Warehouse Productivity and Costs

Research clearly demonstrates the value of benchmarking operations relative to like organizations.  There is a demonstrated correlation between supply chain performance metrics and financial performance. According to SIX SIGMA PRACTICES, “if you can’t measure it, you are wasting your time.”  At Logistics Operations Group, we assist/teach organizations in defining key performance indicators (KPi’s), capturing data, analyzing the data and planning actions to improve performance. 


Bigger Savings For Your Big Picture Transportation

Is your business running at peak performance? Do your metrics and intuition tell you that you're losing sales because of your supply chain performance? Do you need to streamline your distribution network to become even more responsive to your customers? For real-world solutions that produce results, call upon our consulting experts. We'll help you choose from a vast array of services to target a specific facet of your supply chain or combine services for a complete supply chain redesign. Many of our customers have saved 5-10 percent in total logistics expenditures by engaging our network analysis, load and mode optimization, procurement strategies, and business process optimization service
Logistics Operations Group will:

• Identify business process gaps and opportunities for improvement
• Transform targeted business processes using advanced change management methodologies
• Analyze your distribution network and design the most cost effective network that also improves responsiveness to your customers
• Employ transportation buying strategies to bring added control to your transportation spend
• Employ optimization software and techniques to maximize equipment use every time and minimize transportation expenditures
• Conduct operational audits and integrate improvements in standards and technology

Logistics Operations Group can guide you though asset based and non-asset based transportation; both T/L and LTL.