Inventory Cost Calculator

GPS Inventory Solutions has developed an Inventory Analysis Calculator that will immediately focus your employees and save you a lot of time. The Calculator is based on the Pareto Principle (80/20 rule) which still applies today, even with all of the sophisticated systems and formulas that are now available. It will divide your total inventory into 20% increments to help you see the impact each group has on your total operation.

GPS has developed a 3-Step Inventory Management Approach that will help you identify slow moving inventory and minimize or eliminate its ownership costs while still retaining availability to provide your customers long term product support.

GPS can show you how, when properly managed, this unpredictable demand inventory can actually add to your bottom line. History points out that 5-6% activity will occur annually. Its sales will produce pure profit when the inventory carrying cost is eliminated or managed to its lowest level.