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Flying Monk Group - Specialist Purchasing & Supply Chain  consultants
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Supporting Inventory Reduction

Industry - Contract Printing

Issue

  • This large contract printers were looking to reduce inventory held across the group to release cash for investment
  • The company operates a decentralised business model and consists of 21 operating companies across 17 locations

Solution

  • Formed part of a team that was supporting individual operating company project teams. Each team required differing levels of support from facilitation through to more proactive 'hands on' management
  • Provider of an external, 'best practice' perspective and facilitator of knowledge sharing across the group
  • Provided a monitoring/benefits tracking function for Head Office management
  • Recommended a series of future policies and procedures, based upon 'best practice', to ensure that reductions would be sustainable in the long term

Benefits

  • Helped the organisation achieve a reduction from 21 days of stock to 17 days of stock

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The Flying Monk Group is the trading name of Flying Monk Limited, Registered in England, Company Number 04631370.