Inventory Management
The life sciences inventory can have the same negative impact on working capital as in any other sector. Inventory holding costs and write-offs tie down capital and erode profit.
Celerant addresses effective inventory management through essential systems such as Robust Forecasting, S&OP, Inventory Planning and Modelling, and Operational Processes. With the appropriate decision making tools, skills and capabilities, the optimised inventory will deliver high customer service and improved working capital levels.