Achieve your production targets
Taulia’s Inventory solution can help you to assure supply, improve efficiency, and preserve cash, while lowering DIO.
Access cash preservation that can improve both yours and your suppliers’ balance sheets.
Ease the impact of long in-transit lead times
Long lead times make it harder to manage future inventory levels against forecasted demand. Taulia’s solution owns inventory in transit and nearby, aligning the arrival of goods with production demand.
Ensure access to nearby safety stocks
Stock outages are increasingly common – and as a result, companies are taking steps to build up nearby safety stocks to mitigate the risk of outages. We enable supply chain elasticity without impacting your balance sheet or DIO.
Enable vendor-owned inventory strategies
Suppliers can be reluctant to join consignment or vendor-owned inventory programs finding them expensive or even harmful. Taulia’s solution enables vendor participation, positioning goods where they’re needed. We also simplify the process, by allowing suppliers to outsource inventory requirements to us.
Frequently Asked Questions
What is inventory management? Inventory management is a systematic approach to sourcing, storing, and selling inventory. It provides a company with the ability to oversee the ordering and storing of business supplies or products and helps to understand both stock levels and the location of stock in a warehouse. An effective inventory management system manages…
What is the procurement process? The procurement cycle is the process businesses use to find and obtain goods. It involves multiple steps, including identifying the need for a good or service, finding the right supplier, negotiating terms, creating a purchase order, and receiving the delivery. It’s also known as the procurement life cycle or, more…
What is supply chain management? Supply chain management (SCM) describes the process businesses use to manage the flow of goods, data, and payments throughout a supply chain. Effective supply chain management is instrumental in ensuring every element of the supply chain works towards achieving broader business objectives, whether that’s cost-efficiency, resilience, quick order fulfillment, or…
What is inventory cycle time? Inventory cycle time is the amount of time it takes to produce and deliver an order from a customer, usually measured in days. It essentially measures the speed at which a company can complete the manufacturing or assembly process from start to end, turning raw materials or components into a…
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