High transportation costs, increased energy prices, a general shortage of skilled workers and high personnel costs are driving up prices.
In addition, inflation is high and interest rates are rising. It can therefore be fatal if too much tied-up capital is held in the form of high inventories.
Due to the supply bottlenecks, many companies have significantly increased their stocks since the coronavirus crisis, following the motto “it’s better to have stock than to need it”, if products were available at all. This was at a time when interest rates were very low and people were happy to receive goods at all. The warehouses were packed to the brim, with excess stock and costs being considered peripherally.
And now?
Companies are now experiencing overstocks and full warehouses for many items, and production is running more smoothly again. But full warehouses also mean a lot of tied-up capital and therefore a lower cash flow.
To escape this dilemma, companies are looking for quick solutions to reduce inventories while maintaining or improving their delivery performance.
We show how this works and what needs to be done to react correctly to these changes in an overstock analysis that has been tried and tested for many years and which we can use to determine within a week how much reduction potential there is in your stock and how much savings potential there is in your costs.
The pressure on companies is increasing. This is probably why we are currently seeing an increase in demand for overstock analyses to help companies out of this dilemma.
Can it be a little less for you?
Then go for it – because less is more!
With best regards Silvia Frankenne
Image: © by Alphaspirit| iStock
