IMA

At Trade Electric, we provide solution-oriented programs for our clients that promote:

• reduced operating costs;
• improved business understanding;
• reduction in store's inventory;
• measurable service standards.

Inventory Management Analysis (IMA), the value-added arm of Trade Electric works with customers to reduce their inventory to a manageable, more profit-oriented level. Through our analysis, clients are able to make “data driven” decisions that lead to “Just Enough Inventory™’ rather than “just in case” inventory decisions.

Other IMA services include:

Database scrubbing:

• Identifying duplicates in database utilizing common IMA control numbers
• Populating empty key fields of information, such as manufacturer name, manufacturer part number, with values found in other fields
• Standardizing manufacturer names/codes
• Standardizing descriptions within groups of items
• Correcting spelling mistakes
• Standardizing case to upper
• Enhancing item description utilizing IMA Master Library of Parts

Item analysis which provides customers with a better understanding of excess and inactive products:

Includes everything listed for database scrubbing plus merges 12 month purchasing information to on-hand inventory to identify ROI opportunities. It also involves:

• Segregation of categories into active, excess active and inactive
• Maverick (spot buy) purchase history analysis
• Vendor listing by commodity group
• Annual spending by commodity
• Hard dollar ROI opportunities

Stockroom reorganization

Content management; and

Much much more...

• Inventory consolidation with multiple locations
• Item identification/count
• UN/SPSC coding
• Commodity coding to IMA category/sub-category structure
• Needs assessment
• Database development
• Pricing specific to each arrangement

For more information, contact your Trade Electric Representative today at (416) 213-7111.