Thursday 20th Oct 2016 - Logistics Manager

Nexus seeks to optimise inventory

Nexus Industries, which makes electrical goods, has chosen Barloworld’s Optimizer software to streamline processes surrounding the distribution of goods in the UK.

It is looking to simplify the procurement process, improve stock turn, and prevent excess stock in the supply chain. The application is anticipated to go live in autumn 2010.

Geoff Flegg, head of supply chain at Nexus Industries, said: “By changing the way we approach the management of inventory, we are committed to maximising customer availability levels. Optimiza will help us determine what inventory is needed to achieve those service levels, while taking into account our specific business needs.”

“In the meantime, it offers the tools to calculate and maintain the optimal safety stock and replenishment orders and project future investment and warehousing requirements for our business.”