Create a strategy and track your results over time
Would you go into surgery without a clear diagnosis and a well-thought out plan from your surgeon? Of course not! At PM2, we believe the same applies to your inventory. Because of this, we believe that the best implementation and results occur when we visit your site and audit your current inventory management environment. This gives us a baseline so we can better create a strategy and track your results over time.
An audit is a crucial first step in inventory optimization and management.
When we visit your site, our objectives are to:
Obtain a High Level Understanding
We want to get to know you and understand your inventory inside and out. The more we know about your inventory management processes and environment, the better we’ll be able to develop a strategy that will ensure successful inventory management in the future.
Speak With Everyone Involved
We’ve found that the best way to learn about inventory management is to go directly to the source; you! When we visit your location, we’ll speak with everyone involved in your processes to get a better understanding of your driving issues.
Some of the people we’ll speak with include:
Maintenance / Engineering (End Users)
Other Key Decision Makers
Survey Stocking Locations
Another step we’ll take is to survey your stocking locations. In doing this, we’ll be able to identify any opportunities for improvement.
Provide Design Recommendations
Once we have a better understanding of your inventory and stocking locations, we’ll be able to provide design recommendations. We can also create drawings to give you an even better idea of our vision for your warehouse or storeroom.
Develop a Strategy
We will put together some initial strategies and solutions created to accomplish your objectives. No two warehouses are alike, so we’ll develop a plan that’s custom-tailored to meet your needs.
Estimate the ROI for the Solutions
At this stage, we’ll be able to put together an initial estimate for the return on investment for our proposed solutions. This will give you an idea of the time and money you’ll be saving once you implement our strategies.
Present a Benchmark Audit Report
The last step in our audit is to create a report. We’ll present you with a Benchmark Audit Report that lays out a phased implementation plan to fit your budget, timeline, and any other resource parameters.