JEAN-CHRISTOPHE LAURENT

Jean-Christophe has 20 years of experience at improving business efficiency & managing digital transformations.

As the CEO, he leads the company strategy and is accountable for engagement quality and satisfaction. He manages the consulting skill-building for the Penon Partners team.

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Inventory Reporting Process Diagnosis​

Context​

A US manufacturing company needed help obtaining a consolidated and reliable view of its inventory. They 1) were unable to generate consistent, aggregated, repeatable, and automated reports on inventory value; 2) had gaps between systems data regarding inventory values: ordering system, ERP, and the production system; 3) were uncertain about data extraction exhaustivity from systems.​

These difficulties were costly for the business because it impacted invoicing and inventory optimization objectives. The business difficulties they needed to solve were the following:​

  • Lack of visibility and reliability on the real inventory value and status​
  • Inability to make decisions to optimize the inventory without taking risks on customer commitments​
  • Wasted of time on manual Excel work to compile the required visibility for finance and management​

Accomplishment ​

Penon Partners performed a complete inventory & reporting process diagnosis to identify the root cause and provide recommendations to improve this process. ​

  • Interviewing teams & running Workshops​
  • Data gathering and analysis​
  • Process mapping (flows, systems, documents…) and analysis​
  • Writing and presenting the final report​

Outcome​

In 5 weeks, the diagnosis solved the inventory issues (data and naming issues between ERP/inventory systems) and identified other initiatives to strengthen the overall process for long-lasting results.