Inventory Optimization

Inventory Optimization

Implementation Engineers serves as a trusted partner to address common businesses challenges such as excess inventory, production delays caused by stockouts, and inefficient use of warehouse space by implementing comprehensive inventory optimization solutions. By optimizing inventory levels through strategies such as Plan For Every Part (PFEP) and critical spare programs in maintenance, companies can improve working capital, material flow and manufacturing utilization through the reduction of material shortages. Our team of supply chain and manufacturing experts bring tailored solutions to our client businesses to ensure efficient material spend and the right parts to the line at the right time.

50% inventory reduction from cycle time improvements

$2M gross margin improvement

20% reduction in material waiting delays on assembly line

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IX® in Action

Our client, a multinational appliance manufacturer, needed to increase the efficiency of its operations of a key production facility. Work priorities were constantly changing for the fabrication operations, material flow for purchased and manufactured parts was inefficient and the warehouse lacked important metrics to efficiently support production. IE was engaged to implement improvements which included the following:

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