Spares analysis & Stock management
Many manufacturing plants have capital tied up in machine spares as stock holding. More often than not the spares stocked are either for redundant plant or have been supplied from the OEM at inflated prices. Advantiv can help to identify and cleanse obsolete stock, advise on stock management and stores layout and also reduce tied up capital costs.
- Critical plant spares identified and equipment surveyed
- Cross referencing of OEM parts to standard items
- Advisement of spares holding
- Spares reduction and cross identification analysis to rationalise products stocked
- Advisement on stores layout
- Identification of obsolete product
- Consignment stocks of fast moving stores items
- Electronic catalogues
Cost saving initiatives
One of Advantiv's main business aims is to offer our clients cost savings whilst maintaining quality of product and service levels. This is achieved by understanding our customer requirements, invaluable industry and product knowledge and a desire to ensure our clients get value for money. Cost savings can be shown in a number of ways including analyzing current supply routes, products and services then advising alternative methods and products.
- Supplier reduction
- Identification of current suppliers and purchasing routes
- Rationalisation of product supply
- Reduction in spend against existing suppliers
- Advising on alternative products and services
- Cost down
- Transactional costs - E-Commerce
- Enhanced Capital Allowance
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