Case Studies - Inventory Management

Across a twelve month period, our inventory management systems and services improved clients' working capital by a total of £9.5m. Here are some examples of how clients achieved these improvements.

  • Consignment Stock

    The purchasing function within the engineering department had become over reliant on ad-hoc 'special' orders being placed to meet the site's needs in acute situations.

    Ordering on this basis cost the client in both downtime, due to stock not being readily available in the stores, and also through carriage charges, with last minute orders being raised to get critical parts to site at short notice.

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  • Obsolete and critical stock

    A new client had a stock holding of around £5.2 million at their manufacturing and packaging plant in the North West.

    The facility was intended for critical items only, however it had grown over a number of years to an unacceptable level.

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  • Stock Accuracy

    The client's annual stock losses were an almost unsustainable 10% of their annual holding.

    IESA was tasked with reviewing the existing processes and making improvements within a 12-month period.

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  • Stock Accuracy and Leakage Reduction

    Store issue processes were not being adhered to with many engineers failing to record their requisitions of stocked products at the point of issue.

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  • Stock Reduction

    The challenge was to help the client to establish an integrated supply of its industrial (MRO) materials resulting in a reduction of stock held by the business.

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