In his popular bestseller 'The Goal', Eliyahu Goldratt stresses how reducing inventory is crucial to making more money for the business.

TA's past experience with production plants, warehouses and trading companies has shown us that the management of inventory turns is never to the satisfaction of the CFOs involved. With many businesses, reducing or optimizing inventory can be the most important algorithm. It is often central to reducing costs and boosting the bottom-line. And yet, all too often, inventory management tends to be overlooked.

How TA Adds Value to Your Inventory Management

By analyzing your sales totals over the years, TA can statistically predict the orders for every day up to 99% accuracy. This would give you an inkling of how much you need to stock to see minimum losses. A couple of our clients dealing with perishable goods have realized that our inventory management services have helped them save money on storing, refrigeration and transport. Often, the loss of money would run into daunting figures, but now with TA‘s inventory management reports, inventory loss is well under control. And this is not true only for businesses dealing with perishable and dated goods. It‘s true for every other business because inventory that is stuck in the warehouse negatively impacts profit, and you will have to spend an inordinate amount of money on maintenance.

Manage your inventory before it manages you!

We've observed that in every 2 out of 3 cases, software applications do have reporting features for inventory management. However, it leaves further customization to reporting tools such as Crystal reports, with which these applications can be integrated. It is assumed that customers will leverage the integration facility to optimize the application. But often, it is here that customers get stuck.

By engaging suitable competencies to this problem, we bring two advantages:

1. We bring custom software and database programming capability for necessary interventions and report generation.
2. We work with you to achieve the final objective of reducing inventory and thereby helping your business make more money.

Often, businesses take a considerable cut in their profit margin due to poor inventory management. Instead of letting your inventory drive your business, let your business goals drive the inventory!