Business expertise
Stock management
Aiming to keep stocks under control and optimised in relation to actual requirements is a major challenge for companies, in order to optimise their cash flow while ensuring a high level of service. We can work with you to define target stock levels and the associated management methods.
Our convictions
Define the service offering upstream
Stock meets a strategic customer service need: the mismatch between the desired lead time and the time taken to make products available.
In order to have the right stock, the service offer must be clearly defined upstream.
Segment to govern better
- The same management method cannot be successfully applied to all types of flow and items.
- Items must be segmented (ABC/XYZ analysis for example) to adapt management methods to the behaviour of the items, in line with the service offering.
Taking a step back from management methods
- It is essential to periodically review the company’s stock management practices.
- This helps to avoid efforts to optimise an unnecessary parameter (safety stock, for example), or more generally to readjust the categories of items according to their life cycle (design, production, storage and end of life).
Prioritise product management according to importance
- Management methods must require management energy proportional to the importance of the products.
- This importance may depend on the volume occupied in the warehouse, the danger/unit value of the products, the associated cash flow and the customer service promised…
Optimising safety stock
- Safety stock must be constantly optimised according to its usefulness. For example, if the stock never falls below the safety threshold, this means that variability is low and that it can therefore be questioned.
Our solutions
and expertise
Diagnosis of stock health
- Analysis of item distribution and associated replenishment methods
- Analysis of the root causes of stock and WIP drivers
- Analysis of optimisation potential to improve overall supply chain efficiency
Definition of target stock and associated roadmap
- Definition of management methods for the various product families: MRP management with replenishment thresholds and/or safety stocks, DDMRP management, Kanban, etc.
- Matching stock policies to the defined product segmentation and target customer offer
- Definition of stock optimisation levers through a concrete action plan
Performance support
- Setting up stock management indicators and procedures
- Increasing the skills of field teams in stock control and supply management
- Development of tools to provide a better view of stocks and their state of health, facilitating stock monitoring.
Our certifications and training
A Project ? Contact us
Partner, Head of Supply Chain Consulting
Director at Citwell and head of the Lille office, Raphael began his career at Decathlon, where he worked for 6 years in their supply chain (operations and projects).
With a wealth of experience in transforming operational models, Raphael supports his clients in continuous improvement and long-term development.
Over the course of his career, he has managed major supply chain projects: process transformation, building a strategic vision, end-to-end planning, inventory management (components and finished products).
Among our
references
Rationalisation du portefeuille et gestion des stocks
Etude prospective des besoins en entrepôt central à 5 ans
Définition de la politique de stockage pour les pièces détachées des ateliers de réparation
Amélioration de la gestion du stock de pièces de rechange et consommables de Comilog (Gabon) et SLN (Nouvelle Calédonie)
Dimensionnement de l’Entrepôt et Optimisation de la Gestion des Stocks et des Approvisionnements
Covid-19 : Projection de stock, Distribution des équipements et transfert de compétences
They testify
« This collaboration has been a success in terms of rationalising and improving the operational efficiency of Haulotte's industrial footprint, because in terms of stock management, we've made progress, we're putting the right stock in the right place, and measuring it against the real need. »
Patrice Métairie, Industrial Director, Haulotte Group r
« Citwell is a key ally in driving change and reorganising our supply chain, both to meet internal skills needs and to meet the growth challenges of our business sector. »
Olivier Himpe, Supply Chain Director, Nexter Customer Services Business Unit (KNDS)
« Citwell's lighting has encouraged our partners to better manage their bottle stocks, thereby reducing costs for the whole organisation. We recommend Citwell for its pragmatism, reliability and agility. »
Frédéric Mairesse, Managing Director of Champagne Barons de Rothschild
