The overall goal in optimizing floor stock management is to simplify the internal process, reduce the supplier complexity, optimize cost and increase the predictability and reliability across all stakeholders.
Datkan starts by analysing the current situation and detecting your floor stock needs on a project level. From the available raw data that we compile during our intake, we extract all items that were purchased in bulk and booked as general costs, as a basis for our analysis.
This typically brings several common product groups to light, such as couplings, fasteners, fittings, electrical components, labels, etcetera, for which we then document and map the inefficiencies.
Experience shows that 80% of suppliers typically deliver less than 10 items. We see that for these floor stock items stock is replenished every two days on average, with less than 20% of the replenishment done in an optimal way.
From our analysis and experience we develop several scenarios, from which we collaboratively select the best applicable scenario for our customer.