They didn't think that they could reduce their inventory any further...

... but they did...

...by an amazing 42%

You too can achieve Sustainable Inventory Reduction...read on to find out how...

At last... a manual on inventory reduction not just inventory management!

If you give me just 20 minutes a day for just two weeks you will discover how to take your business to World's Best Practice, reduce your inventory investment and increase your return on investment (ROI).

I guarantee it!

My name is Phillip Slater and my reputation has been built by helping companies achieve significant and sustainable inventory reduction. I have spent years working with clients and studying the issues that people face in trying to achieve their inventory reduction goals. This manual is a result of that work and gives you the chance to know in just a short time what it took me years to work out!

Survey Results Prove It!

Did you know that a recent survey by IndustryWeek found that 70% of  organizations are challenged with reducing excess inventory?  Or that another survey conducted by Reliability Web found that for more than half inaccurate information causes an expensive 'overstock' situation?

These surveys show that the main issue for most organizations is not inventory management it is inventory reduction. If there is one great myth of inventory reduction it is that one technique will solve your problem.

The truth is that no single technique or approach will solve all your problems. You need a range of techniques that can be applied together. Here is the good news, there are only seven!

This landmark manual Sustainable Inventory Reduction shows you the 7 Actions for Inventory Reduction so that you can easily, efficiently and sustainably use these seven techniques to achieve your inventory reduction, free up cash and reduce your costs without risk and with no impact on your capability.

Why? Because this process focuses on inventory reduction and removing the excess inventory that adds no value to your business. This approach is a key part of our exclusive inventory cash release^TM process

Recently, these techniques helped one of our clients reduce their indirect inventory by a whopping 42%! They can also help you.

This is world's best practice in inventory management and reduction that is way beyond the inventory optimization model of all other approaches. Read our FAQs to understand why.

No matter which level of inventory management that your business is at, this manual can help you to improve your business and save cash. Here's how:

Level 1: Items are purchases on an as-needed basis. This manual will help you identify how to save cash on those purchases.

 

Level 2: Inventory expensed and stored but not strictly controlled. This manual will show you how to manage inventory levels for minimum expenditure.

 

Level 3: Inventory capitalized with some level of control. This manual will show you how to reduce your excess stock.

 

Level 4: Inventory capitalized and controlled with stock levels optimized based on risk/return formula. This is the basis of most inventory software. Invest in this manual to optimize your entire approach not just your stock levels!

 

Level 5: This is world's best practice. Inventory management is optimized to minimize the overall cash investment. Continued application will prevent future excess expenditures.

 

 

 

This Approach Really Works!

 

Let me tell you the story about that '42%' client. This company used a well known ERP system for managing its inventory. They managed for availability and did a good job. The proof: a low number of stock outs.

 

When I first met the operations team at that client they were certain that their inventory was under control. However, their low stock turn ratio (in this case an important measure) told me that better results were possible.

 

After I showed them the 7 Actions for Inventory Reduction, the team applied the approach described in the manual and they then delivered a 42% inventory reduction.  They were converted and this result was worth millions of dollars to that company.

 

 

 

How much cash would your business generate with a 42% reduction in inventory?

 

This manual will show you the exact same approach taken by that client. It will show you how to:

• Eliminate 100% of excess inventory

• Reduce inventory related working capital by up to 40%

• Reduce your ongoing inventory management costs

• Develop the skills of your team to enable ongoing inventory management and independence

This is the definitive resource for inventory reduction

 

 

 

I really liked the simplicity of the concepts

David White, Australia

 

 

You have developed an approach to physically reviewing inventory, not just a reference manual on the way things should have been from the beginning.

Bill Reynolds, USA

 

 

I have found the manual to be informative...the comments are logical and support my vision for my current project. You have also given me other ideas to follow for complete sustainability

Michele Mandryk, Canada

The key topics include:

• The truisms that destroy your company's wealth (Chapter 3)

• The 12 reasons why companies hold more inventory than they need (Chapter 4)

• How to adopt a zero inventory mindset (page 52)

• The truth about using the Pareto Principle correctly to minimize effort and maximize results (page 57)

• How to apply the 7 actions for inventory reduction (pages 65-114)

• How you can identify 'non-Pareto inventory' that adds no value to your business (Chapter 7)

• A sure fire method for decision making for new inventory items so that they do not add to your growing list of obsolete inventory (page 121)

• The 8 steps required for implementation and action planning (Chapter 8)

This manual has been sold worldwide and the techniques are used in many different industries. This approach is perfect for:

• Automotive OEMs and suppliers

• Utilities suppliers

• Airlines

• Steel Industry

• Oil Refineries

• Aluminium Smelters

• Process Industries

• MRO inventory

• Engineering spares

• OEMs with Customer Service spares

• After market parts

• Service parts

• Indirect inventory

• Project inventory

In fact, this approach is perfect for all 'bought in' inventories such as parts and components, finished goods, OEM spares, MRO inventory, engineering spares and industrial supplies.

The financial benefits from this manual can be enormous

On average we see a 20-25% reduction in the value of inventory held. And remember that most companies have already taken some approach to manage their inventory so this extra reduction is real and sustainable.

Plus, just holding inventory costs you money. We estimate that holding inventory costs you up to 20% of the inventory value per year - some of our clients say 25%! That's a lot of money. 

This manual will show you how to slash those costs and free up cash while enabling you to hold what you need, for when you need it - this really is world's best practice!

 

 

100%, No Questions Asked, Money back Guarantee

 

Because I am so totally convinced that you will start to achieve your inventory reduction goals I want to give you my 60 day money back guarantee!

 

This means that there is no risk when you purchase this manual and you can just get on with achieving your goals.

 

 

Now it is time to make a decision. This manual and all the information and process insight that it contains can be yours in just a few minutes by downloading the manual right now for just US$97.00. And by downloading there are no postage and handling charges!

*** Special Bonus Offer! ***

Purchase this manual right now and I will give you a one-on-one coaching session valued at over $300! That's right you will get the chance to talk directly with the author and ask any questions you have relating to achieving your inventory reduction goals. Just email me with your receipt details and we can set up the session.

That is nearly $400 of value for just $97.00!

My suggestion to you is, if you are interested in inventory reduction you should buy this manual because it provides practical, no nonsense advice that can make a real and immediate difference to your business.

Regards and Best Wishes

Phillip Slater

'The Business Improvement Pro'

P.S If you do nothing, then nothing will change!

P.P.S The benefits from the inventory cash release^TM process are real and sustainable so every day that you delay is costing you money.

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(c) Copyright 2006 Initiate Action Pty Ltd

Contact Phillip Slater on +61 3 9331 3181

via email at Info@InitiateAction.com

or via post at 49 Vida St Aberfeldie Vic 3040 Australia

www.InitiateAction.com