Inventory analysis and management

Consequences of poor inventory management

• In a recent survey of more than 300 retailers, only a third stated that regularly priced products were in stock 91% of the time; the other two-thirds said out-of-stocks were more frequent, some considerably so.

• The same applies across other industries – having the right goods at the right time in the right place is a careful balance of inventory.
  
• Overstocking across manufacturing companies accounts for $billions of waste, across the industry. Better stock management and the introduction of new methods for optimizing inventory levels can typically achieve 30 to 50% savings and significantly increase stock turns.
  

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