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Product Management & Rationalisation
Gleave offer a proven product management and rationalisation service that minimises product lines, reduces supply chain costs and optimises budgets.
Product rationalisation involves detailed evaluation of the existing product ranges within your businesses and these products are used in practice by a range stakeholders within the contract customers operations.
SKUs Managed
The Gleave product team have combined experience of over 120 years delivering product ranges to engineering work forces maintaining critical infrastructure. Our team are established technical experts, dedicated to delivering real cost-savings and supply chain efficiencies without compromising the satisfaction of end-users.
Product rationalisation programmes involve the evaluation of the following factors in order to recommend effective rationalisation proposals:
- Product uses by function / department
- Product volumes
- Range information
- Inventory Influence
- Product Quality & Costs
- Availability and Supply Chain
- Competition & Alternatives
- Related Product Innovations
- Sustainability Factors
- Risk Factors
- Customer Experience
The benefits of product rationalisation programmes goes beyond managing less product lines and reducing overall costs. Rationalisation delivers many benefits including:
- Economies of scale, buying more of one item from a supplier at a reduced cost.
- Supplier management, rationalising the number of manufacturers delivering your contracted items, and therefore leveraging better supplier terms and performance KPI’s, e.g bonded stock, priority dispatch.
- Reducing Engineer kit, improving efficiency and reducing shrinkage.
- Reduced inventory management and lower transportation and storage costs.
- Minimising waste and carbon emissions throughout the supply chain.
Contact the Gleave product team and talk to one of our Product Specialists about Product Rationalisation programmes that can increase efficiency without compromising on the satisfaction of your end users. Contact Gleave today to find out more.