{"id":5851,"date":"2022-06-20T18:10:32","date_gmt":"2022-06-20T16:10:32","guid":{"rendered":"https:\/\/www.consultingcheck.com\/topics\/inventory-optimization\/5851"},"modified":"2022-12-20T08:44:02","modified_gmt":"2022-12-20T07:44:02","slug":"inventory-optimization","status":"publish","type":"jask_topic","link":"https:\/\/www.consultingcheck.com\/en\/topics\/inventory-optimization\/5851\/","title":{"rendered":"Perform inventory optimisation"},"content":{"rendered":"\n<p>Inventories must be critically scrutinized. It would be too short-sighted to cut inventories across the board. Take a close look at what you stock in your company.<\/p>\n\n\n\n<p>The tricky thing about inventories is that no one is responsible for them in companies. Warehouse management ensures that items are stored properly and that items are put in and taken out of storage on demand, but they are not responsible for the volume stored or the composition of the items in storage. Purchasing, manufacturing, and sales cannot assume this responsibility individually either. Inventory optimization must, therefore, result from a team effort. However, these individuals often lack the time to focus on inventory levels. <\/p>\n\n\n\n<p>Instead of losing sight of this important task, it may make sense to assign an additional person to this challenging coordination task. You may be inclined to say no to this suggestion: an additional position? Contrast the cost of this position with the improved delivery availability, avoidable production downtime due to material shortages, and the cash benefit from reduced inventory. <\/p>\n\n\n\n<p>This, by the way, is a position where university graduates can gain excellent insight into the function of the entire operation before taking on a line function, for example.<\/p>\n\n\n\n<p>In many cases, you can strengthen your liquidity by <a class=\"topic-link\" href=\"https:\/\/www.consultingcheck.com\/en\/topics\/inventory-optimization\/5851\/\" title=\"Lagerbestandsoptimierung durchf\u00fchren\">reducing finished goods inventories<\/a>. In addition, there may be liquidity potential in your <a class=\"topic-link\" href=\"https:\/\/www.consultingcheck.com\/en\/topics\/reduction-of-semi-finished-goods-inventories\/5853\/\" title=\"Abbau von Halbfertigwarenbest\u00e4nden\">semi-finished goods<\/a>. Finally, liquidity can often be gained by a <a class=\"topic-link\" href=\"https:\/\/www.consultingcheck.com\/en\/topics\/reduction-of-primary-materials-inventories\/5854\/\" title=\"Abbau von Vormaterialbest\u00e4nden\">reduction of the stock of input materials<\/a>. <\/p>\n","protected":false},"featured_media":0,"parent":5850,"menu_order":31200,"template":"","meta":{"_links_to":"","_links_to_target":""},"jask_topic_categories":[970],"class_list":["post-5851","jask_topic","type-jask_topic","status-publish","hentry","jask_topic_categories-lagerbestandsoptimierung-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to optimise your stock- consultingcheck<\/title>\n<meta name=\"description\" content=\"Stocks must always be critically scrutinised. We explain to you what possibilities there are for optimising stock levels.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.consultingcheck.com\/en\/topics\/inventory-optimization\/5851\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to optimise your stock\" \/>\n<meta property=\"og:description\" content=\"The critical view pays off.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.consultingcheck.com\/en\/topics\/inventory-optimization\/5851\/\" \/>\n<meta property=\"og:site_name\" content=\"consultingcheck\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-20T07:44:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.consultingcheck.com\/wp-content\/uploads\/2022\/09\/og_en_1200x630.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"How to optimise your stock\" \/>\n<meta name=\"twitter:description\" content=\"The critical view pays off.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.consultingcheck.com\/wp-content\/uploads\/2022\/09\/og_en_1200x630.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.consultingcheck.com\\\/en\\\/topics\\\/inventory-optimization\\\/5851\\\/\",\"url\":\"https:\\\/\\\/www.consultingcheck.com\\\/en\\\/topics\\\/inventory-optimization\\\/5851\\\/\",\"name\":\"How to optimise your stock- consultingcheck\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.consultingcheck.com\\\/en\\\/#website\"},\"datePublished\":\"2022-06-20T16:10:32+00:00\",\"dateModified\":\"2022-12-20T07:44:02+00:00\",\"description\":\"Stocks must always be critically scrutinised. 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Entzaubert. Hands-on.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.consultingcheck.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How to optimise your stock- consultingcheck","description":"Stocks must always be critically scrutinised. 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