“Many businesses continue to buy incorrect quantities of inventory, some of which is product they may never use,” Crews says. “Most companies have some sort of excess inventory and have no idea how to get rid of it.”
But money is tied up in that unused inventory and Crews can often find other companies that can turn the unused inventory into cash. “Once a company realizes how much money can be saved, and how much time can be saved by not having to search for an item in a disorganized storeroom, they’ll realize the benefit” of hiring Crews and his firm, JIT Solutions Group.
Excess inventory is eating up valuable space, and usually is subject to taxation. “If you can get it off the books and get cash back, that is all to the better,” he said
He said some business advisers might suggest throwing away unused inventory or product. “I don’t do that. The chances are that there are dollars to be gained for this product and I have the resources” to find the other company to buy the excess inventory. “It will be useful to somebody.”
Other advisers often suggest returning excess inventory to the manufacturer, but the business owner might then be faced with paying a restocking fee.
Crews said, “My goal for companies without an inventory manager is to properly train some if not all of their staff on proper inventory management procedures. For companies with someone in the role of inventory manager, I want to elevate their skills.”
But he is there just temporarily. “I am there to work the project and then leave them with all of the tools and knowledge to do the job themselves.”
But he points out that he is just a phone call away if something unexpected happens.
While JIT Solutions Group is a new firm, Crews has more than 20 years of experience in supply chain management, logistics, procurement and inventory management.
“We use this experience to develop customized inventory management solutions for companies of all sizes,” he said. ‘These solutions are not only extremely affordable but also financially rewarding to the business owner.”
Joe can be reached at 336-624-6847 or 336-969-5938 or by e-mail at firstname.lastname@example.org