Effective inventory management is about knowing what you have, where it’s stocked, and how much you’ll need as a business. Easier said than done, though! That’s where SIFSL brings value. Inventory management is a vital component of supply chain management that tracks stock levels and the movement of goods, whether delivering raw materials to manufacturers or fulfilling orders for finished Products.

SIFSL uses a multi-echelon approach toward inventory management to enable today’s global, inter-connected business operations to prevent stock-outs and improve supply efficiency. Inventory management is the foundational building block to longevity, helping businesses to minimize costs, improve cash flow and boost profitability. With over a decade of experience managing inventory for hundreds of market-leading companies worldwide, SIFSL helps clients streamline their inventory through best-in-class processes and highly efficient tools.

The basic steps of inventory management include the following:

• Purchasing inventory: Ready-to-sell goods are bought and delivered to the warehouse or directly to the shop or point of sale.
• Storing inventory: Inventory is stored until its needed. Goods or raw materials are transferred across the fulfillment network until they are ready for shipment.
• Profiting from inventory: The amount of products for sale is often controlled. Finished goods are pulled to fulfill orders. Products are shipped to customers.

Key Capabilities of SIFSL’s Inventory Management

• Inventory Strategy & Management
• Supply Chain Data Management
• Planning & Forecasting
• Logistics Management
• Network Strategy & Optimization

SIFSL’s experts help you optimize and manage all the components of your inventory operations, including cycle stock, safety stock, pipeline, and pre-build inventory, to drive more efficiency across the value chain. Our experts help you plan your inventory better so that you have the proper inventory at the right time and location. We work with you to improve inventory cost accounting, streamline credit management, and enhance cash flow to free up valuable working capital stuck in inventory. Get in touch today!