INVENTORY OPTIMIZATION

Cash Improvement, Costs Reduction, Service level optimization

Context

Forizons' Inventory Optimization methodology is developed to help your organization to improve the inventory performance. 

The activity involved in the methodology:

  • Parts performance monitoring

  • Parts segmentation and inventory optimization 

  • Forecast and planning optimization

Forizons’ inventory optimization methodology focuses on achieving the optimal balance between working capital, service levels and costs  based on our 20-year experiences and the Forizons’ experts in inventory management, maintenance and MRO optimization.

Our Approach

Spare Parts Performance Monitoring

  • KPIs definition and setup

  • Spare parts KPIs dashboard

  • Service level monitoring

  • Decision making support

Spare Parts Segmentation and Inventory Optimization

  • Multi-criteria segmentation

  • Spare parts inventory screening

  • Stock ageing analysis

  • First level Inventory reduction

 

Forecast and Planning Optimization

  • Planning systems

  • Stocking policy

  • Supply Management rules

  • Stock collection design

  • Second level Inventory reduction plan

  • Technical and statistical second levels forecasting and plannin

Case Study

CASE 1: Forizons was assigned to lead a global spare parts inventory reduction plan for a helicopter manufacturer

Global spare parts inventory was reduced by 30% while maintaining service levels (for some subsidiaries service level increased by 5%)

CASE 2: Forizons helped a railway equipment man​ufacturer to reduce its spare parts inventory by 34% through advanced data analytics.

Impacts

+9%

Service level optimisation

-28%

Inventory reduction

-10%

Logistics cost reduction

Clients

SANOFI
AIRBUS
SDV
Australian
SDMO
SNR
AIRBUS Defence
Carrefour
Helobras
Technicolor
Valeo
Saft
Snecma
Rohm Haas
Printermps
Roche
Renault
Embraer
loccitane
Kingfisher
Lafarge
Lesieur
NEC
JCB
IBM
Group Casino
Souffiet
Geodis
KKN
Gondrand
AIRBUS Heli
EDF
Legrand
Airfrance
Faiveley
DANONE
DHL
DNCS
Dell
Daher
Aernnova
Caterpillar
Bouygues
Arcelormittal
ATR
Biomerieux
Apple
Arjowiggins
Alocatel
Cercle Vert
Essilor
GE
STVA
Johnson
JCD
Manuli
Thales Alenia
Thales
DWC
Air France KLM
MBDA
Sigfox
SANOFI
AIRBUS
SDV
Australian
SDMO
SNR
AIRBUS Defence
Carrefour
Helobras
Technicolor
Valeo
Saft
Snecma
Rohm Haas
Printermps
Roche
Renault
Embraer
loccitane
Kingfisher
Lafarge
Lesieur
NEC
JCB
IBM
Group Casino
Souffiet
Geodis
KKN
Gondrand
AIRBUS Heli
EDF
Legrand
Airfrance
Faiveley
DANONE
DHL
DNCS
Dell
Daher
Aernnova
Caterpillar
Bouygues
Arcelormittal
ATR
Biomerieux
Apple
Arjowiggins
Alocatel
Cercle Vert
Essilor
GE
STVA
Johnson
JCD
Manuli
Thales Alenia
Thales
DWC
Air France KLM
MBDA
Sigfox

© 2020 by Forizons. All rights reserved