Inventory Management Consulting

Whether your focus is on finished product inventory or raw materials, Altemir Consulting provides manufacturers, distributors, and retailers with reliable inventory management expertise to help reduce costs, ensure material/product availability, maintain accurate cost accounting, and improved inventory asset performance.

We are fluent in the vocabulary of vendor-managed inventory (VMI), kanbans, reorder points (ROPs), economic order quantities (EOQs), safety stock, and MINs/MAXs for virtually any ERP, MRP, WMS, or lean visual inventory management system.  We got your back on this one.

Areas we can help with include:

Inventory Optimization

Taking the right approach to inventory planning can prevent shortages on high-demand items while reducing overstock on slow runners.

If your organization manages inventory based on lead times or number of "days on hand", you may stand to significantly benefit from our specialized analytical approach.

Altemir Consulting can often reduce inventory while at the same time avoiding shortages and improving service levels.  We can often provide you with an opportunity for a quick cash flow boost enabled by optimizing your target inventory levels and safely decreasing your purchasing spend, usually over several months.  Inventory turns and balance sheet performance will also improve as a bonus.

To provide a virtually risk-free opportunity, we can structure our compensation as a percentage of actionable inventory reduction enabled through our optimized inventory planning and purchasing.

Schedule a phone call to discuss your challenges and prospects at no obligation.

Ask about making our consulting fee contingent upon your actionable inventory reduction for a risk-free cash flow improvement opportunity

Inventory Accuracy and Control

We work with manufacturers and distributors who rely on having accurate raw material, work-in-process (WIP), and/or finished good inventories.  We can help establish effective:

If your organization currently relies on routine wall-to-wall physical inventory counting, you will particularly appreciate our assistance in establishing effective material receiving, material consumption/issue transactions, shipping, and cycle counting.  The need for frequent wall-to-wall physical inventory counts can be eliminated altogether to the satisfaction of accountants and other financial and operating stakeholders.

We can assist with refining and improving your physical inventory methodology to ensure accurate inventory levels, costs, and locations.

Kanbans and Lean Inventory Management

Some manufacturers may benefit from physical (or virtual) kanbans.  All our inventory management and control paradigms are Lean by nature and obey essentially the same mathematical treatments as do kanbans.  We can help establish lean pull flow using kanbans, supermarkets, and (in the case of manufactured items in job shop environments) Lean MRP.

Impaired Inventory Resolution

We can assist with analyzing your inventory to evaluate damaged, obsolete, and non-moving items.  In some cases, we can actively pursue opportunities to sell these assets to minimize write-offs.

Asset Management

We have successfully applied our significant manufacturing inventory experience to asset management.  This is particularly valuable in those situations where company assets such as vehicles, equipment, tools, or other capital items are routinely employed in the provision of customer services.

We are system-agnostic

We have deep transactional business, analytic, database, and technical skills that can help rapidly transform the use and benefit of any ERP or enterprise IT system.

Some systems that we have direct experience with include but are not limited to:

Explore the Possibilities ...

We welcome inquiries from all businesses, small and large, that are eager to move to the next level.  Feel free to contact us to discuss your specific needs at no obligation.