Helping With Inventory, Warehousing, and Logistics Optimization
Through the structured approach of root cause analysis of inventory, warehouse, or logistics issues, re-engineering processes and data model, and implementing appropriate systems or process changes.
Problems Companies Face
When They Need Help With Inventory, Warehousing, and Logistics Optimization?
Have significant excess and obsolescence issues? Not able to hit warehouse KPIs? Don’t have the right KPIs for the warehouse? ElevatIQ’s inventory, warehousing, and logistics optimization services are designed to help companies when they struggle with these challenges.
Excess and Obsolescence Issues with Inventory
Struggling to plan excess inventory? Have inventory in the warehouse that’s aging and not turning as frequently? Companies seek help from ElevatIQ when they run into issues with excess and obsolete inventory.
Operational Transactions Resulting In Significant Variances
Do your warehouse transactions result in significant variances that your accounting teams take forever to resolve? Always struggling to reconcile the inventory after your cycle counting process? Companies seek help from ElevatIQ when operational transactions might result in significant variances.
Not Able to Hit Warehouse KPIs
Struggling to hit warehouse KPIs because the warehouse is disconnected from the ERP? Running into significant allocation issues? Companies seek help from ElevatIQ when they are not able to hit their warehouse KPIs.
Logistics Planning Not Working
Significant issues with logistics planning? Packages always arriving damaged? Scheduling and dispatch always a challenge? Companies seek help from ElevatIQ when they need help with logistics planning.
Don’t Have the Right KPIs for the Warehouse
Do you not measure the total time taken with the dock-to-stock process? Picking and packing processes are tightly coupled, and no clear process for decoupling picking and packing process. Companies seek help from ElevatIQ when they might not have the right KPIs for the warehouse.
Challenges in the Dispatch to Receive Process
Significant issues in the proof of delivery process? Matching issues in the dispatch to receive process? Companies seek help from ElevatIQ when they struggle with the dispatch-to-receive process.
Want to learn more about why independent consultants have a higher success rate with inventory, warehousing, and logistics optimization?
Our Case Studies for
Inventory, Warehousing, and Logistics Optimization
ECommerce Supply Chain Transformation With ERP Selection
Download the eCommerce Supply Chain transformation case study and learn how LockNLube transformed its inventory and supply chain challenges by consolidating over 20 systems. As well as by creating business, process, information, and system architecture as they prepare for the next phase of their growth.
Mergers and Acquisitions ERP Integration Failure Rescue
Download the mergers and acquisitions ERP integration failure Case Study and learn how Pride Sports struggled with Supply Chain and inventory allocation issues, as well as operational disruptions due to poorly planned M&A integration and ERP transformation project.
Omnichannel eCommerce Customer Experience Transformation
Download the omnichannel eCommerce customer experience case study and learn how fashion retailer AKIRA built a digital roadmap and managed stakeholder expectations to transform its processes and systems to explore newer business models such as buy-online-pickup-in-store and curbside pickup.
Our Methodology
for Inventory, Warehousing, and Logistics Optimization
The process starts with an assessment to identify the KPIs and processes that might be causing inventory, warehousing, or logistics planning issues. Once identified, a thorough root cause analysis is performed. And then, as-is and to-be process models are built, including aligning all the stakeholders about the impact on their areas. And the changes that need to be made with processes, data, and systems to recalibrate planning.
1 Assessment
This phase starts with identifying the KPIs and processes that might be causing planning issues. This phase also proposes several options and their pros and cons, along with the business case. An option that is least financially and technically risky is chosen for the next step.
3Implementation
This step implements the changes identified, whether they are going to be system, process, or data related. This phase could be divided into multiple phases and milestones depending upon the complexity of each change, including the identification of KPIs and how the changes would be measured after each step.
2Root Cause Analysis
This step is a deeper dive into the chosen options and tracing processes and data that might be impacting KPIs. Through the interviews with different stakeholders, appropriate as-is and to-be process models are identified that are agreed upon by all the stakeholders.
4Adoption and Optimization
Post implementation, this step helps in gathering feedback from the users if the initiative is aligned with their expectations, as well as whether the new inventory, warehouse, and optimization techniques have helped them hit their KPIs. This phase iterates until the stakeholders confirm the results of the new changes.
Ready to learn how we can help With Inventory, Warehousing, and Logistics Optimization?
Our Other
Supply Chain Services
ElevatIQ Supply Chain Consulting services include supply chain and operations transformation, supply chain technology architecture, supply chain software selection, sales and operations planning, inventory, warehousing, and logistics optimization, and supply chain network design and footprint optimization.
Supply Chain Network Design and Footprint Optimization
This service helps in designing the network when you might either be 3PL or need a complete supply chain traceability across carriers. As each shipment moves through each movement, your traceability challenges could be figuring out how you might be able to optimize the container space and revenue. As well as building the Supply Chain control tower.
Supply Chain Software Selection
This service helps in selecting different supply chain software, including buy vs. build decisions. The process starts with setting clear boundaries of the process and interaction flow for the desired component, then building requirement and solution matrix to evaluate different solutions, including RFP development, vendor negotiations, and the voting process for the selection.
Supply Chain Technology Architecture
This service helps build supply chain technology architecture depending upon the number of systems involved in different areas of supply chain planning, such as S&OP, TMS, WMS, OMS, or FMS. This service ensures the process boundaries of different systems, including master data governance workflows, and how all the systems would work together to deliver on the process and planning goals as per desired KPIs.
