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Reduce Inventory

There is a very simple and easy way to reduce inventory – just stop purchasing! But inventory exists to support your service level. A rough inventory reduction project can harm your business and cause lost sales.

PRONTO Xi-Instoc is an innovative stock control system that enables businesses
to better manage inventory levels by automating the forecasting and purchasing
process.

With PRONTO-Xi Instoc, you can be confident that you are buying enough stock to
satisfy variability in sales but not overstocking where sales are stable.

Profit from Improved Inventory Control

PRONTO-Xi Instoc is an intelligent inventory reduction toolkit that automatically
answers three questions:

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“The great thing about Instoc is that we had staff driving it with confidence in 20 days. The blame game between Sales
and Purchasing stopped immediately. It couldn’t have come at a better time, just when we needed to get cash out of our
supply chain quickly.”

Jason Varone, Divisional General Manager, Jeminex

The conventional approach to statistical forecasting involves extensive data cleaning,expensive licences and customisations, long implementations, and intensive training on statistics.

PRONTO‑Xi Instoc is pre-configured. That makes it a low cost solution and your payback is likely to be in weeks rather than years.

PRONTO‑Xi Instoc is quick to implement. Inventory reduction can start after 20days so cash starts being released to the bottom line.

PRONTO‑Xi Instoc is simple to use. Management make key decisons using policy screens. PRONTO‑Xi Instoc turns policy into day-to-day tasks which staff execute on operational screens. The statistics stay in the backend.

Methodology

Through 25 years of challenging business cycles, SMT Consulting has been at the
forefront in helping businesses identify and successfully operate with leaner inventory.
Our methodology, called “Dollars and Sense”, is now an integral part of PRONTO‑Xi Instoc.

Further Information

To discuss whether your inventory can be reduced or to get a brochure on Pronto-Xi Instoc please contact:

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