Our previous clients include:

Healthcare / Medical Products

Issue

• This £200m turnover business had grown by acquisition, over recent years, resulting in multiple different processes, procedures and policies, all supported by separate management and corporate computer systems.
• The parent company were looking for assistance to integrate and consolidate, in line with 'best practice', into a single cohesive whole.

Solution

• Worked with the Managing Director, and Purchasing Director,to: -
  • review current Purchasing & Inventory Management practice against 'best practice'
  • develop, and implement, a strategy / improvement action plan
  • determine new 'Front End' ranges and stock displacement policies
  • identify, and remove, surplus inventories (multiple £m)
  • define, and implement, new commercial control processes across the business
  • run the Inventory Management team whilst embedding new processes and practice

Benefits

• Successfully developed, and implemented, new processes, policies and procedures covering:
• Inventory Classification & Management
• New Product Introduction
• Range Management
• Sales Forecasting
• Helped identify, and remove, multiple £m of 'surplus' inventories