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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
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Inventory, purchasing, and
accounts payables practices, processes, procedures,
and workflow |
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Department structure and the
responsibilities of management, purchasing, material handlers, accounts payables, and others
involved with the purchasing and inventory management process |
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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 |
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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 |
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The management of managing finished
goods inventory including releasing, picking, packing, manifesting, shipping, costing, storing,
kitting, and distributing |
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The management of outside services
including qualifying suppliers, estimating, pricing, costing, purchasing, scheduling,
die-lines/proofs, communicating production instructions, and paying invoices |
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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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