ICM Global Consulting Group

Internal Inventory Controls and Inventory Accuracy Management Firm
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GET IN CONTROL of your Inventory Accuracy
with ICM Global Consulting Group
 
 
 
 
Member of APICS & ISM
 
 

Our Company

 

We work with our customers from within to design the best solutions and cost effective ways to achieve inventory record accuracy and to improve internal inventory controls in the process of material handling.

 

We are a specialized group that works with companies that have lack of inventory record inaccuracy and internal inventory controls within the manufacturing and distribution centers.  Our goal is to implement effective internal inventory controls and achieve inventory accuracy levels where our customer can manage their inventories more effectively and efficiently and in the process improve their bottom line financial figures.

 

We have combined experience of 48 years working in internal operational audits and supply chain internal inventory controls in the areas of manufacturing and distribution centers.  We have bilingual (Spanish) staff to assist in trainings and translation of documents, plus provide offshore supporting staff in the field of material management.

 

As a fully Independent Consultant, our services are affordable.  We focus on detailed improvements that lower operational costs and increase your ability to service your customers.  Small projects are also welcome.  We are members of the Institute for Supply Management (ISM) and The Association for Operations Management (APICS).

Is your inventory

controlling you?

 

Are you still investing time and money in implementing MRP, ERP, DRP systems and still having problems with inventories (shortages, excessive, obsolete, and not knowing where your inventory is located) then you need our services.

 

Our core business is on helping small, mid and large size companies to find the root causes of inventory inaccuracy and internal inventory control problems within the process of material handling.

 

We at ICM Global Consulting Group work together with our clients to ensure they acquire the best solutions on achieving inventory record accuracy and implementing internal inventory controls so the investment placed in new technology can work at its best.

Effectiveness of inventory record accuracies & internal inventory controls

 

When you have effective inventory record accuracy procedures and internal inventory controls the following is achieved:

 

Financial Planning:  An accurate statement of inventory records (assets), both on-hand and on order, eliminate the need for periodic physical inventories, allowing management to better anticipate the short-term financing and enhance the business ability to produce accurate and manage better it’s cash-flow.

 

Marketing & Sales Planning:  An accurate statement of finished goods, item by item (SKU level) is the best way to know exactly what can be sold to customers and thus reducing the possibility of obsolete inventories.

 

Procurement Planning:  If a company knows what it is going to make and it has accurate numbers the calculation of (MRP) ordering supplies will be more efficient and effective as well as for the ERP and DRP systems.

 

Manufacturing: If a plant has inventory record accuracy and controls its processes can be performed leaner to produce on time deliveries.

 

Distribution:  An accurate inventory balance means the difference between being able to service customers and facing the possibilities of orders being cancelled thus creating obsolescence and losing market shares.

 

In the United State or Canada contact:
 
ICM Global Consulting Group, USA

Piedmont Triad, 

Winston-Salem, North Carolina, 27103

Corporate Phones: 336-577-9510

Skype ID Name: icm.global.consulting.group 

dhernandez@icmglobalconsultinggroup.com

 

Our Business
 
 
 
 
 
 

Where do companies start inventory record accuracy & internal inventory controls?

 

Preserving inventory record accuracy and internal inventory control management must be an integral part of the attitude of a business.

 

Like quality, customer service, and plant safety, inventory record accuracy and internal control management must be promoted throughout a business as everyone’s responsibility.  This attitude must start at the top level management.  Inventory accuracy & internal inventory control management is a significant activity in any business.

 

An effective inventory accuracy management framework helps the organization in clearly formulating its growth strategy and measuring its long-range growth path.

 

Why should you consider ICM Global Consulting Group

 

In today’s difficult market environment, businesses need to have all the competitive edge they can to succeed or survive the ups and down of consumer demands.  In order to achieve this, company’s need to ensure that their business supply chain run as efficient as possible.

 

One of the ways that efficiency can be achieved is by having the right internal inventory controls and inventory record accuracy.   By having both inventory accuracy and internal controls within the material flow or storage, businesses can manage more effectively the inventory requirements needed to service its clients and as results will lower its maintenance inventory cost within their manufacturing, warehouse or storage locations.

 

Adequate inventory controls and record accuracy will not only achieve reducing cost and inventory levels but will also help the Suppliers/Vendors in being able to respond more quickly with orders placed due to the customer demand requirement.

 

The essence of inventory record accuracy and adequate internal controls is to have the right products at the right time in order for companies to successfully service their customers and in the process reduce inventory maintenance cost, improve storage space, less material handling and improve the bottom line financial figures.

 
Our company has the required competencies to help your company in achieving adequate inventory record accuracy and establishing the right internal inventory controls to eliminate the associated cost of inadequate material handling.

Synopsis

 

Statistical evidence suggests that more than 50% of companies allow their inventory record accuracy to flounder below acceptable cost-effective levels.  Yet inventory accuracy is one of the most effective methods for minimizing unnecessary costs to an organization and one of the easiest process improvements to accomplish if the right approach is followed.

 

Knowing what inventory balance you have at all times is essential for all businesses (small to large corporations).

 

If company’s inventory records are inaccurate, that company cannot really know the state of its inventory assets.  And without that knowledge, its ability to schedule or deliver what its customers want is significantly impaired.  That impairment translated into a number of different costs, each of which reduces profits and constrains operations.

 

Our approach to improve your inventory accuracy levels and enhance your internal inventory controls in a manufacturing, distribution, or retail environment will help you dramatically reduce the variability and cost caused by inaccurate inventory balance data and lack of internal inventory controls.