Optimized Inventory
Shared Procurement Services
Through SPS, we enable you to reduce inventory burnouts and effectively utilize assets. This program turns unutilized stocks and assets into revenue-generating sources. Based on your operations’ inventory-to-sale ratio and ROI status on equipment, we curate a specialized plan where resources can be utilized by other organizations. Similarly, you gain access to such resources at a significantly reduced cost.
Who Benefits from
Shared Procurement Services
High Inventory-to-Sales Ratio
If your inventory-to-sales ratio is high and stock wastage exceeds market standards, our SPS can help optimize your inventory levels and reduce waste.
Underutilized Assets
If you have underutilized assets that are not producing the required ROI, our SPS can turn these assets into revenue-generating resources by making them available to other organizations.
Delayed Projects
If certain projects are delayed and you have already procured assets that you plan to use later, our SPS allows you to cross-utilize these resources at a reduced cost, ensuring they do not remain idle.
Increased Value
Outcome on enrollment
Inventory Ratio Analysis
Assess and identify your inventory-to-sales ratio for optimal management. This helps in understanding stock levels and ensuring efficient inventory turnover.
Timely Liquidation
Liquidate excess inventory promptly to maintain accurate records. This process helps in reducing storage costs and preventing stock obsolescence.
Legal Compliance
Ensure all liquidation processes comply with legal standards. This guarantees that all actions are within regulatory frameworks, avoiding potential legal issues.
Future Planning
Receive recommendations for maintaining a better inventory ratio. These insights aid in strategic planning and improving overall inventory management.