Building Block Approach to Realizing Customer Inventory Reduction
The building block approach, as outlined below, may be utilized to realize customer inventory reduction.
PHASE I - DISCOVERY
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Agree on Approach to Assess Opportunity
PHASE II - ACTION PLAN
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Recommend Inventory Adjustment
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Replenishment Process Improvement
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PRO Equipment Repair Service & Exchange Programs
PHASE III - IMPLEMENT/VERIFY
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Cost Effectively Eliminate Excess Inventory
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Customer Feedback
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Continuous Improvement Plans
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Demonstrate Dollar Savings
If you are interested in more information on opportunities for Inventory Management please contact us at 1-800-327-7700 and ask for Jim O'Connor. Or you can e-mail
jim.oconnor@itt.com.