the journey
LEADING YOU ON A JOURNEY TO UNRIVALED RESULTS
Let's be bold! You are probably performing well on the items where you have assigned profiles. Let us show you how well, and then let's roll out great profiles on B & C movers, New Items and yes even slow movers. We will go beyond the basics.
Let the hidden sectors suddenly show you what you have been missing and start to treat your inventory investment as a truly complex portfolio.
You have heard that Exceptions are a large % of success, so let's create custom views for Period-End and In-Period,
with special focus on New Items, Manual Forecasts, Seasonal, Slow Movers and more
with special focus on New Items, Manual Forecasts, Seasonal, Slow Movers and more
Let's stop accepting a free pass on New Items. With the proper tools and approach, you can achieve the same great results on New Items as on other sectors. Use the 3X Method. If New Items are 5% of your item mix, they should be 15% of your time!
Yes, it is finally here for you. No longer blind, you will see your history and live with a current Lead Time Forecast.
Now that we have the data and are forecasting LTs let's find the patterns. Many of these patterns will be from trends within our own receiving. Similar to the Inventory Sectors, let's highlight LT Sectors
Perhaps the final step to LT excellence. You have LT seaonality. Some is based on your suppliers, some based on your DCs, and some based on the trucking industry and the weather. Either way, let's find the seasonality and prepare for it.
LEADING YOU ON A JOURNEY TO UNRIVALED RESULTS
All of the Operations data we need for LT Forecasting gives us incredible Supplier information that will show where they are assisting your success and where their patterns deplete your profit.
While we are in the Operations arena, let's watch daily the graphical picture and impact of the Open Orders. Let's combine this information with your critical needs and provide a smart receiving strategy
Has your operations world changed? What are the average Lines / Order today compared to 2 years ago? What information can help your DC team decide on scheduling and the possible need for more doors?
This is where the economics of your system kick-in. Where are you not capitalizing on unique handling and carrying costs or allowing old traditions to rule the buying? In this Journey, we analyze the multiple opportunities available to keep the buying flowing smoothlly and challenge the inefficient buying habits of the past.
What are the common pitfalls that I should avoid when using the Sub an Super Vendors? Are we optimizing our trucks, our buyers, and operations? In this Journey, we go under the microscope to see what opportunities await.
Let’s take a deep dive into the system economics all the way down to the item level to analyze the buying patterns. On this Journey, we look across sectors to understand where your inventory dollars exist by the item’s effective order cycle and the resulting $ impact.
A total strategy / Every item set to the right multiple, with a Convenience pack if available, adjusting automatically each period to forecast changes and upcoming seasons.
Yes, after all of these years, we are still focused on this one! This Journey dives into your service performance, but analyzes your settings strategy to ensure that your image is held in-tact.
Yes, that’s right, we said service by Net Margin. This Journey takes us down the road of profitability and setting service by the unlikely, but very likely Net Margin %. Scooping up these items that can often be missed in a traditional analysis is key to yet again, keeping your image in tact.
Yes, that’s right, we said service by Net Margin. This Journey takes us down the road of profitability and setting service by the unlikely, but very likely Net Margin %. Scooping up these items that can often be missed in a traditional analysis is key to yet again, keeping your image in tact.
In this Journey, we pull back the covers on your slow moving business sectors to identify unique ways to manage this often mismanaged area.
LEADING YOU ON A JOURNEY TO UNRIVALED RESULTS
This Journey is one of our favorites because it is solely focused on helping you maintain the image you are trying to create. We will help you analyze the big picture, but dive deep into business sector service that needs a deeper dive.
How are you doing in this area? Along this Journey, we dive into the business sectors where you are experiencing the most pain from a $ and % angle. We also identify a 10 step action plan implemented by many who have successfully gone down this path before.
This is a bold and brave Journey that uncovers the areas where you are adding your unnecessary expertise to buy more. We also explore the opportunities you have to tell the truth in your components of buying.
Let’s face it, you often have a challenge and a requirement to hold a certain number of days and or units on the floor at all times to honor a supplier agreement. How often does this requirement spill over to other business sectors that do not have this requirement. This Journey uncovers the big $ opportunities that you have to minimize the hidden inventory.
There could be an entire company devoted to this area! In this Journey, we explore the depths of dollars that are available to you and challenge your traditional method of thinking about investment inventory. This Journey also explores what you own in investment buy inventory.
Are you living with Promotional Inventory that did not sell? Did you miss the additional sales opportunities during your last promotion? This Journey better prepares you as you head into and ratched down from a promotional period.
What does your big picture look like? Are you able to easily articulate the number of items, vendors, locations, lead times, order cycles, service levels, overstock$, overstock% (and the list goes on and on) that you are responsible for? Do you understand the unique net profit ranges for each area above, profiles, and slow movers picture? If not, then this Journey will help you get there!
How are you doing in this area? Along this Journey, we dive into the business sectors where you are experiencing the most pain from a $ and % angle. We also identify a 10 step action plan implemented by many who have successfully gone down this path before you.
Do you have a multi-location environment? Do you have overstock in one location that fill the need in another location? This Journey spells out the overstock opportunities that can be utilized to fill needs in another location.
How are your receipts looking for the upcoming season? Are lead times getting ready to go up for the season. Are your vendor lead times tracking with the actual receipts that are occurring? This Journey explores the cavernous opportunities with your historic purchase order information.
Let’s be honest—again. We often tie this two together, but they are truly worlds apart. Is your stock status as clean as it should be? Are you considering all of your components of balance? How about your demand—Is it coming from the correct place? Do you stock transfer as a rule? This Journey takes us on a ride of exploration in these key areas which make up the foundation of your system.
Do you have access to your company sales goals? What about the associated Cost of Goods Sold? This Journey sets the tone for you to get a firm grasp on the company goals and how your inventory and turns are tracking related to those goals.
In this Journey, we take a deep dive into the opportunities to analyze your business sectors better than you ever have. Do you have the correct structure for your group codes? Can you see down 3 levels from your highest product category structure? Do you have wacky numbers in your groups that do not translate or make sense? This path seems basic, but it’s the key to understanding your business sectors.
How did this period look compared to last? Did you have more exceptions or less? Were they completed when they needed to be completed? Who did the best? Who could use help? This Journey dives into the key and more elaborate exceptions that help you get a grasp on your business.
How did this period look compared to last? Did you have more exceptions or less? Were they completed when they needed to be completed? Who did the best? Who could use help? This Journey dives into the key and more elaborate exceptions that help you get a grasp on your business.
Stand & present 'your' business. Let's create a smart outline and learn how to present our message and adapt our message to each audience member...from peer to CEO
LEADING YOU ON A JOURNEY TO UNRIVALED RESULTS
What are the 5 key things you should proactively do when you have a new boss? This Journey, and we have been there, describes how you should stand out and up when you have a new boss.
When your company continues to be consistently missing service across the board, you often look at the components, but what other areas should you focus on? This Journey walks you through common scenarios we have seen through the years.
There’s a right way and a wrong way to drop inventory. This Journey keeps you out of the common pitfalls to avoid when the drop inventory hammer hits on your desk, but also helps you strategically approach this all consuming area.
Uh oh, good news, we just landed a huge account? What does that mean and how does it impact me? How does it impact my department? This Journey chops through the often thick jungle of details to properly add and service a new client.
Those guys always get the praise when things go right, and we get the brunt even when things are going right. It doesn’t have to be like this. You can be a leader and lead the charge to be more collaborative with a team that can be a huge part of your success. This Journey will comb through the tangles we often see when we are not properly connected with Category/Product Management.
We all have to play defense from time to time, but when we play too much defense, we get tired, we overreact, and this combination leads to poor decision making. This Journey helps move your actions and mindset from a defensive minded player to a more balanced, proactive, collaborative player.
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