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New Webinar

How To Develop Effective Key Process Indicators (KPI's)
Sustain Continuous Improvement initiatives, Align your organization and truly manage your business 
Wednesday May 21, 2008 @ 12:00 PM to 1:15 PM EST

Registration ....$119 USD

Click Here to Register .....

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The Summit Inventory Analysis
Process can save your company $$$

We helped one client achieve $1.5 Million
in bottom line savings
in 6 months

Want to find out how we
can do the same for you?

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Supply Chain &
Inventory Control
Workshops

Lean Supply Chain Management

The Lean Warehouse

How to Implement
Cycle Counting

Inventory Analysis & Control

Forecasting & Scheduling

Planning Awareness - ERP & Pull

Selecting Your Next MRP/ERP System


 



Grant Opportunities

for U.S. Companies




Summit Business Solutions, Inc.
PO Box 10222
Westbury, NY 11590
Tel: 1.516.414.3741
Fax: 1.516.941.0747
info@summitbizpro.com

Learn hot Lean techniques
can turn Supply Chain Management
into a Competitive Weapon

Supply Chain Management and Inventory Control



Losing customers due to stock outs ... but inventory levels are high?

Long lead times affecting customer service?

Lots of cash tied up in slow moving & obsolete inventory?



If you answered yes chances are you have experienced some of these typical issues:

  • High number of suppliers
  • Reactive solutions
  • Excess inventory
  • Shortages of critical items
  • Outside storage requirements

Summit helps its clients react effectively and efficiently to capitalize on the benefits of improved strategic and tactical decision making through our detailed Inventory Analysis and Supply Chain Management programs.

Our Inventory Analysis and Supply Chain Control programs will show you how to quickly gain high payback opportunities in the shortest period of time.




Lean Supply Chain




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Inventory Control Tips

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  1. Don't stock anything you can get in less than a day
  2. Try not to purchase anything that can't be returned (unless the customer pays up front)
  3. Calculate margins and turns
  4. Get rid of items that aren't moving
  5. Shorten your order cycles
  6. Consider having vendors manage your inventories for simple items (packaging, fasteners, etc.)
  7. Count your inventory often (cycle count) and when a mistake is found figure out why it happened and how it can be prevented from happening again
  8. Know your storage capacity, think cubic-feet not square-feet  
  9. Always have a "Plan B"



Today's global market is growing exponentially!

Real estate costs are higher than ever!

To stay competitive and profitable, you need to not only manage your suppliers and inventory like never before but also utilize your space as efficiently as possible. 

The Lean model establishes systematic processes and metrics while instilling an atmosphere of continuous improvement. 

Our Supply Chain Practice Specialists have developed Lean Models that allow you to implement systems with tremendous payback potential.  

Contact us today to learn about the Inventory Analysis process

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