Stock-to-serve is a key solution for inventory optimisation by helping you to identify what quantity to order for each SKU with confidence. On the one hand it helps avoid stock-outs, increasing sales and customer satisfaction. On the other, it aids in inventory reduction by minimising over-stocking, freeing up tied-up cash, eliminating stock obsolescence, lowering transport costs by ordering less, and ultimately improving your bottom line.
How it works
You are assigned a dedicated team of Maersk experts who first analyse your inventory with respect to each of your SKUs. They then simulate alternative inventory scenarios to clearly identify and quantify business issues and behaviours that are creating sub-optimal inventory levels within your end to end supply chain. Finally, they put together solutions that effectively optimise your inventory levels.
This process is undertaken in close collaboration with buyers, merchandisers, and the shipping and logistics teams in your company with the aim of aligning all stakeholders. And to ensure that the proposed solutions are sustainable in both the short and long terms.
For more information on the Stock-to-Serve solution, please contact your local Maersk office.
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