BPO7’s inventory process outsourcing service provides inventory management tools that allow the companies to better manage their inventory levels and costs, thus better meet fulfillment expectations and improving customer service. Our complete set of inventory process function will assist clients to move inventory to the right place, at the right time and at the right cost.
The main advantages of utilizing our inventory process outsourcing are as follows:
• Inventory Planning Process
Capability of demand projection based on historical data, sales forecasts, average trends and seasonal fluctuations within the selected timeframes, preferred stock levels and other parameters, while offering built-in functionality to help companies streamline and automate chosen tasks. Expected sales and purchase orders, as well as rescheduling and cancellations options, are modeled to see their impacts on multi-location inventory levels.
• Costing Process
Accurately track and record costs by accounting for specific landed costs and allocate inventory costs by weight, value or quantity.
• Inventory Control & Order Fulfillment
While minimizing excess stock, effectively fulfill customer orders by having real-time and cross-location visibility into items availability to determine projected shipment dates.
• Inventory Reporting
Gain in-depth reporting on key inventory trends, shipping costs, on-time delivery metrics, and more.
• Impairment Values
Appropriate impairment valuation based on quantity, price and technological obsolescence models.
• Inventory Count Process
Efficient and accurate inventory count process using BPO7’s methodology & resources.