The Rapid Inventory Rightsizing (RIR) program helps companies free up 10-30% of inventory value in cash by improving inventory targets. It identifies excess inventory not optimally used and rightsizes levels while maintaining high customer service. The process can generate millions in cash quickly and improve financial metrics. RIR consists of immediately reducing low value inventory, adjusting targets for changing demand, and ongoing review to sustain benefits over time.
Supply Chain Performance Management with IBMIBMElectronics
IBM's white paper on Supply Chain Performance Management describes the need for effective, efficient performance management software to help drive success in today's complicated supply chains.
Management Health Solutions provides mobile supply chain software, services, and data management to help hospitals optimize operations and save money. The document discusses MHS's solutions that use technology to reduce inventory levels and costs, increase control and visibility of supplies, and help clinicians spend more time with patients. It also announces MHS's acquisition of another company to expand its clinical inventory management offerings.
Supply chain management is the streamlining of a business' supply-side activities to maximize customer value and to gain a competitive advantage in the marketplace. Supply chain management (SCM) represents an effort by suppliers to develop and implement supply chains that are as efficient and economical as possible. Supply chains cover everything from production, to product development, to the information systems needed to direct these undertakings.
This document discusses how a leading global payment company automated its internal audit management process using MetricStream's solution. The company was facing challenges with a manual, inefficient audit process and lack of integrated risk management. MetricStream provided its Internal Audit Management solution integrated on its GRC platform, allowing centralized, risk-based auditing across the company's global operations. The solution consolidated the audit process, from risk assessment to reporting, and provides role-based access, improved visibility, and more efficient resource management for audits.
Supply Chain Performance Management with IBMIBMElectronics
IBM's white paper on Supply Chain Performance Management describes the need for effective, efficient performance management software to help drive success in today's complicated supply chains.
Management Health Solutions provides mobile supply chain software, services, and data management to help hospitals optimize operations and save money. The document discusses MHS's solutions that use technology to reduce inventory levels and costs, increase control and visibility of supplies, and help clinicians spend more time with patients. It also announces MHS's acquisition of another company to expand its clinical inventory management offerings.
Supply chain management is the streamlining of a business' supply-side activities to maximize customer value and to gain a competitive advantage in the marketplace. Supply chain management (SCM) represents an effort by suppliers to develop and implement supply chains that are as efficient and economical as possible. Supply chains cover everything from production, to product development, to the information systems needed to direct these undertakings.
This document discusses how a leading global payment company automated its internal audit management process using MetricStream's solution. The company was facing challenges with a manual, inefficient audit process and lack of integrated risk management. MetricStream provided its Internal Audit Management solution integrated on its GRC platform, allowing centralized, risk-based auditing across the company's global operations. The solution consolidated the audit process, from risk assessment to reporting, and provides role-based access, improved visibility, and more efficient resource management for audits.
Diagram. castile la mancha ii (institutions, population, traditions). englishpablojgd
El documento describe las instituciones, población y tradiciones de Castilla-La Mancha. Explica que el territorio incluye las provincias de Albacete, Ciudad Real, Cuenca, Guadalajara y Toledo. Detalla las principales instituciones políticas como los tribunales de justicia, el presidente y el consejo de gobierno. Además, describe las principales actividades económicas como la agricultura de secano e irrigado, la ganadería y las industrias pesada y de equipamiento.
Computerized Textile Designs is a website that offers greeting card designs. The site provides digital images and patterns that can be printed on fabric and paper to create personalized greeting cards. Visitors are welcomed to explore the various design options available for crafting customized cards.
Computerized Textile Designs is a website that offers greeting card designs. The site provides digital images and patterns that can be printed on fabric and paper to create personalized cards and gifts. Visitors are welcomed to explore the various design options available for crafting handmade greeting cards and accessories.
El documento presenta una introducción al sistema SAFI, incluyendo sus requerimientos técnicos, cómo crear una empresa y usuarios en el sistema, y los principales módulos de contabilidad general y sus funciones como plan de cuentas, parámetros, registro de transacciones y emisión de reportes.
The company is opening a new office location to accommodate growing staff needs. The new office will be larger than the current space and allow for more employees as well as additional meeting rooms and collaboration areas. This expansion is necessary for the business to continue serving clients effectively and pursuing new opportunities for growth.
Este documento describe los diferentes climas y paisajes de España. Resume que España tiene un clima atlántico con lluvias todo el año y vegetación verde en el norte, un clima mediterráneo cálido y seco en el este y sur, un clima continental con grandes variaciones de temperatura en el interior, y un clima de montaña en zonas altas con nieve invernal. También describe el clima subtropical de Canarias.
Настоящее издание представляет собой описание выборов губернатора Брянской
области с точки зрения непосредственного участника событий. Книга
не только описывает самую яркую часть современного политического процесса
– избирательную кампанию, но и показывает скрытые от постороннего
взгляда пружины и механизмы, делающие политику такой, какова она есть.
Издание предназначено для профессионалов в данной области – политических
операторов, технологов, исследователей – и тех, кто всерьез намерен такими
профессионалами стать.
The document provides an overview of a webinar discussing the integration between BrightPay Payroll and AccountsIQ accounting software. The webinar agenda includes an overview of each system, the API integration between them, and how journals and reporting can be viewed in AccountsIQ. The integration allows payroll data from BrightPay to automatically feed into AccountsIQ, improving efficiency by reducing errors and saving time. Case studies demonstrate how the integration supports multi-entity businesses and streamlines accounting processes.
Only 50% of mergers actually increase shareholder value. Why? Often, one of the culprits is product complexity. Companies that manage the complexity of a newly combined product portfolio can capture value, smooth the overall merger process
Diagram. castile la mancha ii (institutions, population, traditions). englishpablojgd
El documento describe las instituciones, población y tradiciones de Castilla-La Mancha. Explica que el territorio incluye las provincias de Albacete, Ciudad Real, Cuenca, Guadalajara y Toledo. Detalla las principales instituciones políticas como los tribunales de justicia, el presidente y el consejo de gobierno. Además, describe las principales actividades económicas como la agricultura de secano e irrigado, la ganadería y las industrias pesada y de equipamiento.
Computerized Textile Designs is a website that offers greeting card designs. The site provides digital images and patterns that can be printed on fabric and paper to create personalized greeting cards. Visitors are welcomed to explore the various design options available for crafting customized cards.
Computerized Textile Designs is a website that offers greeting card designs. The site provides digital images and patterns that can be printed on fabric and paper to create personalized cards and gifts. Visitors are welcomed to explore the various design options available for crafting handmade greeting cards and accessories.
El documento presenta una introducción al sistema SAFI, incluyendo sus requerimientos técnicos, cómo crear una empresa y usuarios en el sistema, y los principales módulos de contabilidad general y sus funciones como plan de cuentas, parámetros, registro de transacciones y emisión de reportes.
The company is opening a new office location to accommodate growing staff needs. The new office will be larger than the current space and allow for more employees as well as additional meeting rooms and collaboration areas. This expansion is necessary for the business to continue serving clients effectively and pursuing new opportunities for growth.
Este documento describe los diferentes climas y paisajes de España. Resume que España tiene un clima atlántico con lluvias todo el año y vegetación verde en el norte, un clima mediterráneo cálido y seco en el este y sur, un clima continental con grandes variaciones de temperatura en el interior, y un clima de montaña en zonas altas con nieve invernal. También describe el clima subtropical de Canarias.
Настоящее издание представляет собой описание выборов губернатора Брянской
области с точки зрения непосредственного участника событий. Книга
не только описывает самую яркую часть современного политического процесса
– избирательную кампанию, но и показывает скрытые от постороннего
взгляда пружины и механизмы, делающие политику такой, какова она есть.
Издание предназначено для профессионалов в данной области – политических
операторов, технологов, исследователей – и тех, кто всерьез намерен такими
профессионалами стать.
The document provides an overview of a webinar discussing the integration between BrightPay Payroll and AccountsIQ accounting software. The webinar agenda includes an overview of each system, the API integration between them, and how journals and reporting can be viewed in AccountsIQ. The integration allows payroll data from BrightPay to automatically feed into AccountsIQ, improving efficiency by reducing errors and saving time. Case studies demonstrate how the integration supports multi-entity businesses and streamlines accounting processes.
Only 50% of mergers actually increase shareholder value. Why? Often, one of the culprits is product complexity. Companies that manage the complexity of a newly combined product portfolio can capture value, smooth the overall merger process
Relationship between working capital management nd profitabilitySoumitra Kansabanik
A statistical study has been conducted on few companies in FMCG sector to understand the relationship between working capital management and profitability
A white paper on the unique Service Oriented Architecture benefits of ARMnet Financial Software in the financial product management space. Using a client centric CIF file ARMnet is capable of managing any financial product for loan or mortgage origination and servicing, lease or fleet management, wealth or deposit management institutions.
Whitepaper. Is Your Business Trapped In Cash Flow Hell?Slimstock
Five ways to free working capital from your inventory
Whether selling a revolutionary product or essential service, the challenges of gaining access to the working capital necessary for production capacity expansion, marketing initiatives, or fluctuating inventory needs affect nearly all businesses.
In fact, more than two-thirds of business owners said they faced challenges growing their businesses over the past year, with more than 12% not understanding how to obtain the working capital necessary to facilitate expansion.1 With increasing frequency, business owners are turning to external funding sources to secure capital to fuel growth as opposed to exploiting the potential capital they have tied up in inventory.
In today’s environment, Takaful Companies face mounting challenges – stiff competition from the financial services industry; business innovation, regulations, and compliance; and process challenges such as cost containment to return better efficiency and value to stakeholders. In the midst of all these, insurers are increasingly challenged by commoditisation in personal line products, shifting customer requirements, sharp competition, mergers and acquisitions requiring companies’ consolidation, globalisation and economic uncertainties. At the company level, operators are facing increased pressure to minimise risk while maximising growth, improve profitability while reducing turnaround time, improving speed to market of new products, provide positive customer experience, and give good returns on their premiums paid.
Rapid product development is a competitive advantage but now demands much customization to tailor make solutions for each policy owner requiring flexibility, multiple options, and innovations to push information and pull data for analysis or follow ups. These requirements demand business transformation and paradigm shifts. They are a great challenge when there are no structured change management processes, change management tools, automated straight through processes, and a central repository of customer information. Without these, insurers are unable to take the opportunity to capture the market, remain cost competitive, increase profits and retain service excellence. These challenges if not overcome, will be a very real and substantial setback to your plans to pull ahead of your competitors, differentiate yourself in the marketplace and your customers.
By leveraging on our core capabilities and our unique business focus on the insurance industry, AETINS can help you meet these critical needs and unleash your full business potential.
Find out more about our TSF Framework Architecture
CBIZ Quarterly Manufacturing & Distribution “Hot Topics” Newsletter (Sep-Oct ...CBIZ, Inc.
This issue delivers links to key resources, NAM’s Manufacturers’ Q3 Outlook Survey and four articles on key industry topics — 3 Ways Manufacturers Can Bridge Talent Gaps & Improve Product; Is It Time to Consider Group Captive Insurance?; Equal or Equitable – The Family Business Owner’s Dilemma; and Special Purpose Acquisition Companies (aka SPACs) Are Really Hot!
Unlocking the Value in Warranty ManagementCognizant
With the right combination of advanced systems and processes around warranty management, manufacturers can unlock value such a reduced costs, improved product quality, faster turnaround and better customer experience.
New credit reporting tools can help companies manage risk and increase revenue. Several newly enhanced specialized credit reporting products are available from various vendors to minimize risk, reduce bad debt, and expand revenue opportunities. It is important to select reports that fully support business objectives and avoid common pitfalls like relying on self-reported data. The quality and depth of data is crucial, and companies should ask questions about data coverage, predictive accuracy, and data sources to ensure reports will provide useful answers.
The document summarizes the agenda for a two-day market expansion training. Day 1 covers cases for and against expansion, exploring various expansion strategies, and product diversification. Day 2 discusses microfinance expansion strategies and risk management frameworks. Key topics include geographic expansion, customer re-segmentation, mergers and acquisitions, and managing risks.
Jubilee Insurance has embarked on a five-year, $20 million digital transformation initiative called Changamk@ to automate processes, improve customer service, and maintain its position as the leading insurer in East Africa. Changamk@ focuses on robotic process automation, cloud technology, data analytics, digitizing customer interactions, and improving health claims processing. The goals are to increase efficiency, reduce costs, enhance the customer experience, and detect fraud. To date, over $200 million has been invested in Changamk@.
Allocating Savings Using Spend AnalysisSpend Radar
Spend Radar was contacted by a leading Business Process Outsourcing (BPO) provider to support their multi-year agreement to provide strategic sourcing and spend management for their client - a global 200 consumer packaged goods manufacturing company.
Storage assessment services are now commonly promoted by storage OEMs and independent software vendors (ISVs) as well as value-added resellers (VARs), system integrators and independent storage consultants. A typical $50,000 to $100,000 investment in a storage professional services engagement can free up wasted storage capacity and improve storage efficiency, avoiding millions of dollars in hardware acquisition expenses. Additionally, storage service provider tools, methodologies and managed services can make IT staffs more productive and better able to cope with head count restrictions during a down economy.
This document brings together a set
of latest data points and publicly
available information relevant for
Platforms & Applications Industry.
We are very excited to share this
content and believe that readers will
benefit from this periodic publication
immensely.
The document summarizes 9 key drivers of change that will impact the global wealth and asset management industry in the coming year. The drivers include: 1) Increased regulation and transparency requirements in Europe and the US, 2) Accelerated M&A activity as firms seek to grow rapidly, 3) Cooling spending on private wealth management growth and a refocus on organic growth, 4) Increased scrutiny of pension funding gaps, 5) Continued growth of robo-advisors and automated platforms, 6) Continued dominance of ETFs over other investment products, 7) Persistence of fixed income assets despite predictions of demise, 8) Limited growth expected in emerging markets, and 9) Accelerated share buybacks by publicly
1. Executive Brief
Rapid Inventory Rightsizing
Getting Cash from your Balance Sheet
Cash is a Top Priority
“Rapid Inventory Rightsizing” (RIR) is an easy and innovative program to
help companies rapidly rightsize their inventory, freeing up millions of
dollars of cash, and improving free cash flow (FCF). It is a remarkably fast
solution that reduces a company’s working capital needs and eases the
“Cash is king.”
impact of the credit crunch. -October, 2008
In today’s tightening credit environment, even large corporations are find-
ing capital more expensive and in short supply. To this goal, rightsizing
inventory is an excellent source of short-term capital.
The RIR Program is ideally suited for companies with large inventories not “The meltdown may have been averted.
being put to optimal use. When the composition of inventory deterio- But the credit crunch is not over.”
rates over time, a large financial asset is not being used efficiently. Man- -October, 2008
agers find that they have too many of the items they don’t need and not
enough of the items most in demand. By improving inventory targets,
companies increase cash and reduce global inventory levels while still
maintaining excellent customer-service levels (i.e., fill rates).
“Corporate America is caught between
the credit crunch that has made loans
Big Benefits harder to get and more expensive on
one hand, plus a weakening economy
on the other.”
Individual companies will find different results from this process, but
-September, 2008
can typically expect to generate cash of between 10 and 30 per cent of
their inventory value, while maintaining the same or improving customer
service. The program costs a small fraction of the inventory saved and
cash generated.
“According to our quarterly survey of
Using the experience we’ve gained at more than 150 corporate clients senior loan officers, 58% say that they
in a variety of industries, ToolsGroup can run an instant snapshot of a have tightened lending standards to
large and medium-sized businesses...
company’s inventory and immediately identify the potential savings and And more than 80% say their customers
time-to-benefit. In today’s challenging financial environment, this ability are paying more for loans.”
to move quickly is critically important to our clients. -August, 2008
www.toolsgroup.com
2. Getting There Case Study
The RIR program is targeted at CEOs and CFOs looking for increased “We achieved a 25% reduction in
liquidity or free cash flow, private equity funds wishing to improve ROIC, inventory and 99% service levels …
ToolsGroup let us re-mix the stock in 2
and supply chain executives addressing corporate mandates to reduce
months… Needless to say, our finance
inventory cost while maintaining customer service metrics. people were ecstatic...” - Fortune 1000
consumer packaged goods company
The program is easy to implement because it requires no changes to the supply chain director
company’s distribution/supply network or technology infrastructure. It
consists of three steps: With the help of ToolsGroup, this global
consumer goods company was able to
quickly achieve both higher service levels
First, an immediate rightsizing of the inventory to eliminate the least ef- and less global inventory in a few short
fective inventory and insure profit-generating and strategic products are months.
properly served. Capital is rapidly reallocated to the most financially pro-
ductive areas. Inventories that are not aligned with profits and customer For more than 30 other case studies
service are drawn down. Because this first step can be implemented in a in a wide range of industries visit
www.toolsgroup.com.
few weeks, it can rapidly begin generating free cash flow, often within
the same quarter.
About ToolsGroup
Second, all inventories are adjusted to avoid excess inventory experi- With more than 180 implementations in
31 countries, ToolsGroup offers the most
enced in a slow down, while maintaining customer service levels. As
widely deployed demand-driven inventory
revenues slow in certain product streams, most companies neglect to optimization solution available today. Our
adjust their inventory targets to changing circumstances. While individual customers improve short-term forecast
items will vary, overall inventory requirements are reduced, freeing up accuracy and correctly set safety stocks,
additional cash flow. achieving up to 99+% customer service levels
while significantly cutting inventory. We
challenge you to a pre-sales assessment that
Third, an ongoing review process, either managed inside or outside the
can tell you how much savings potential is in
company, to keep inventory targets aligned with changing conditions and your supply chain.
insure a sustainable process over time.
Visit our web site: www.toolsgroup.com
or contact your local office to learn more.
Five Reasons to learn more:
UnITEd STATES • BOSTOn
1. Proven Success: 150 customers in 31 countries
1 617-263-0080 • us-info@ToolsGroup.com
2. All reduced their inventory by 10-30+% ThE nEThERl AndS • AmSTERdAm
+31 20 561 6410 • nl-info@ToolsGroup.com
3. All maintained or even improved their customer
ITAly • mIl AnO
service levels +39 02 48022810 • it-info@ToolsGroup.com
4. Quick results, even within the same quarter C AnAdA • TOROnTO
+1 416 2195424 • ca-info@ToolsGroup.com
5. We prove it with a full inventory snapshot
SPAIn • BARCElOnA
available in less than 3 weeks +34 93 4125768 • es-info@ToolsGroup.com
UnITEd KInGdOm • lOndOn
+44 (0)207 629 1899 • uk-info@ToolsGroup.com
FR AnCE • PARIS
+33(0) 1 55 68 10 58 • fr-info@ToolsGroup.com
mExICO • mExICO CIT y
+00 52-55-11076238 • mx-info@toolsgroup.com