STOCK when not managed effectively can cost businesses’ money, time and opportunities to win new work. These costs can amount to a considerable sum over time. Our SER® consultants have recommended the following 3 key value proposition solutions to help with GREATER ACCESS TO STOCK:
- ACCESS TO HIGH QUALITY BRANDED STEEL PRODUCTS.
Leveraging recognised, reputable and high quality steel products will allow steel business to leverage market awareness to grow market share and increase revenue. Working with a supplier to further promote your products and services into new and existing markets will not only provide access to the right stock but also increase market penetration.
- TIME IN WAITING IMPROVEMENTS TO REDUCE BOTTLENECKS
Simplifying purchasing patterns and systems to allow seamless management to access the right type of stock. Predicting future sales trends and using accurate sales forecasting tools and templates will help improve time in waiting and reduce operational bottlenecks. A workable solution to improve workflow and provide greater access to the right stock.
- ABILITY TO SOURCE HIGH QUALITY RAW MATERIALS (SEMI-FINISHED)
Supporting our customers with semi-finished raw materials so they can concentrate on adding value with a few small steps in their own production line helps decrease labour costs and increase business cash flow when needed the most. A highly workable solution to help with ACCESSING STOCK in any steel business.
As a supplier of steel and aluminium products, we must continue to strive to find a better way with our customers. The Steel Efficiency Review® aims to provide recommendations to change and improve our customer’s business and at the same time our product and service offer.
Download our State of Market Reports for our insights and learnings after completing 1,053 Steel Efficiency Review® consultations on businesses of all shapes and sizes across Australia. To register for your own FREE Steel Efficiency Review® click here.