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Business Practices Consulting Services
 

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Estimating & Pricing Practices
 
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Inventory & AP Practices
 
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Benefits

 border= Implementation of industry best practices
 border= Implementation of Just-In-Time practices
 border= Reduced inventory quantities & costs
 border= Reduced down time
 border= More reliable and accurate inventory counts
 border= Enhanced communications between vendors and staff
 border= More accurate purchases and materials job costs
 border= Better reconciliation of payables
 border= Improved cashflow

Purchasing, Inventory, & Accounts Payables
Practices Consulting Services

Poor purchasing, inventory control management, and accounts payables practices will cause many unforeseen and unnecessary costs to an organization. Profectus' consultants have the expertise to help companies identify these inefficiencies and implement best practices for reducing, streamlining, and managing inventory.

 

Our consultants conduct an detail on-site assessment of your current purchasing, inventory, and AP practices and processes. It typically takes 2-3 days of on site consultation for our consultants to learn, understand, and accurately conduct the assessment.

 

You receive a detail recommendations report that clearly identifies your company's strengths and weaknesses and recommended solutions to improve your purchasing, inventory, and AP practices and processes. Profectus’ consultants will provide a training and an implementation plan customized to address the specific culture, requirements, issues, and realities of your organization.

 

Areas of Analysis

 border= Inventory, purchasing, and accounts payables practices, processes, procedures, and workflow
 border= Department structure and the responsibilities of management, purchasing, material handlers, accounts payables, and others involved with the purchasing and inventory management process
 border= Purchasing and inventory forms, reports, documents, and other related communications means including requisitions, purchase orders, receipts, stock tags, roll and sheet inventory labels, inventory releases, bill of materials, material usage logs, and other inventory reports
 border= The management of raw materials including estimating, pricing, costing, requisitioning, purchasing, allocating, receiving, storing, replenishing, production planning, cycle counting, scheduling, back flushing, forecasting, consignment, processing transactions, and paying invoices
 border= The management of managing finished goods inventory including releasing, picking, packing, manifesting, shipping, costing, storing, kitting, and distributing
 border= The management of outside services including qualifying suppliers, estimating, pricing, costing, purchasing, scheduling, die-lines/proofs, communicating production instructions, and paying invoices
 border= The utilization of your information technology, the internet, and data collection devices such as bar code scanners and portable RF terminals for ordering, maintaining, forecasting, measuring, and managing inventory

    

 

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