Our Inventory Management service includes the introduction of Inventory Management Methodology and best practices underpinned by decision support software. The alignment of people and systems to the organization's strategic objectives is a focus point of each of our Inventory Management projects. We begin by understanding your business drivers and focus on actions that positively affect your Income Statement & Balance Sheet. 

We strive to use inventory to your advantage and maximize operational efficiency.

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Decision support software

Should you already have Inventory management decision support software implemented in your organization, we do provide a consulting service to address the Methodology and best practices element, with possible process re-engineering that will align the Inventory management function to the organization’s strategic objectives.

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​Should you require Inventory Management decision support Software, CUTA Supply Chain Solutions (Pty) LTD recommends NETSTOCK as the preferred Inventory Management tool.

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NETSTOCK provides:

A unique item matrix 

This item matrix will provide an ABC with High, Medium and Low velocity analysis to your consolidated and location inventory. This includes analysis by cost price, selling price and margin after separating out Obsolete items and Non-stock items.  

Investment and inventory health analysis

The inventory balance detailed below will be provided for the consolidated data and for each physical or virtual location defined in NETSTOCK. Any one of the tabs detailed below can be selected for a similar analysis. All the analysis blocks have drill-down functionality to line item information.

Order Schedule

Order schedules can be selected by location, by product group and by supplier. Additional information is available for each item by hovering your mouse over certain fields such O/H for stock at other locations and O/O for outstanding PO’s.    

Executive Dashboard

NETSTOCK Executive Dashboard has been designed to help planners find the items that most need attention and to give executives the KPI’s and detail needed to monitor the performance of inventory

For pricing on the NETSTOCK System. please refer to http://www.netstock.co/pricing/ for the latest list prices.

The pricing is standard regardless of the service channel used.

 

 

Inventory management methodology: 

Our methodology has been implemented in many businesses across Southern Africa and covers areas like:-

Data Verification (the project may highlight data issues, we will provide exception reports that highlight problem areas). Scrubbed data provides list quality.

Data classification (ABC Analysis & Stocked & Non-stocked items)

Forecasting, Demand Planning and Supply Planning

Lead-time management,

Order management (past, present and future)

Inventory policy settings (in line with business objectives)

Supplier performance management

Expediting potential out of stock items and already out of stock items

Excess Stock Management

Implementation of Inventory Management best practices

Key Performance Indicator reporting & monitoring

Management Reports

Training is provided as part of the larger implementation or as stand-alone courses, offered on-site or off-site at our offices (training can be for both the methodology and decision support software OR just a single element)

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​Sales & Operations Planning is recommended as a further option to achieve focus, alignment and synchronization among all functions of the organization.

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A very structured approach is followed to achieve optimal results with the right level of effort.

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​Outsourcing / Co-Sourcing Models:

We offer a full outsourced service with regards to Inventory Management. One or more of our specialized consultants will take over the responsibility and accountability for Inventory Management and drive the process on your behalf. Co-sourcing could be done in a number of ways – please contact us for more details.