Make sure you have the right stock at the right place at the right time.
Inventory management provides systems and processes that define stock requirements, including inventory location, restocking and reordering, transportation and reporting of projected inventory levels versus actual inventory levels. With proper inventory management, you will be able to determine adequate levels and handling inventory with respect to your stock requirements.
Proper inventory management will allow you to keep the correct amount of stock on hand and reduce the minimum amount of stock required to maintain optimal service levels for your customers.
enVista’s inventory optimization process involves accurately allocating your inventory across your supply chain channels, evaluating your supply and demand volatility to determine optimal safety stock levels to reduce overall inventory levels, reduce capital holding costs and maintain or improve service levels to your customer.