Company

The Sup­ply Chain Engin­eers

From Indianapolis to Shanghai and beyond, we provide supply chain solutions based on integrating consulting and engineering. For over 40 years we have built a proven international record of nearly 10,000 successful supply chain projects and solutions.

Our strategies and Implementations support clients in gaining and maintaining leading market positions, while enhancing their ROI.


Client driven services

The global Miebach Consulting network offers diverse solutions and client driven services. Our reputation stems from our expert team's proven capability to deliver thought leadership within complex projects.

Our objective is to deliver the most-effective strategies and solutions that lead to benchmark supply chains.

News13 November 2017

Miebach's "Sizing the Prize" Delivers Results for Inventory Optimization

“Sizing the prize” is a term commonly used by management to define a dollar amount that will reflect how significant their benefits will be as a result of change in strategies.  While this method can be used for any number of potential changes within an organization, it is becoming increasingly valuable for inventory optimization. Companies across a wide range of industries can benefit from this type of evaluation. Recently, a client requested such a study from Miebach Consulting - the primary goal was to maximize savings by changing only their inventory policies.  The study included distribution centers in multiple countries within the same region and the analysis had to be replicable for facilities in other countries or regions.   A key consideration was that certain inventory policies varied by country, while others are global standards set by the planning team, which brought additional complexity to the project.  The Miebach team used several scenarios to study the impact for both safety stock and cycle stock levels.  The scenarios were evaluated independently and consisted of adjusting service levels, lead times for manufacturing, and modes of transportation. First, the SKUs were grouped into A-B-C categories according to demand and revenue, assigning different service levels prioritizing the high demand and high revenue items.  The second scenario considered segmentation of items based on demand and variability; different corresponding manufacturing lead times were then assigned.  The third considered using intermediate product as part of safety stock levels, which greatly reduced the lead time. Finally, the last scenario studied the impact of changing transportation modes. The next step in the process was to provide the client with a detailed optimization of a preselected   combination of scenarios, including simulation runs to validate the savings and test the policies.  Utilizing LLamasoft’s Supply Chain Guru, capable of performing such an exercise, Miebach’s team of skilled modelers will provide this management team with actionable data to make changes impacting the overall bottom line.  Results from the scenarios were in inventory reduction (inventory quantity by inventory value) and inventory carrying cost savings (inventory reduction by total holding cost) of the inventory balance.  Clustering SKUs into A-B-C categories and adjusting service levels and adjusting manufacturing lead time depending on SKU demand and variability both resulted in inventory reductions and inventory carrying cost savings. Switching transportation modes would cause a minor increase in average inventory, however these costs are offset by savings in transportation, going from air freight to ocean freight.  Overall, the various solutions provided inventory reductions of 5-25% and annual inventory savings between $2-8M. As this project illustrates, the experts at Miebach are highly skilled at assisting companies to identify areas within their organization to optimize inventory levels. While “sizing the prize” is a popular place to start the process of inventory optimization to identify potential cost savings, the detailed analysis and our robust suite of proprietary tools enable us to confidently provide advice to our clients on strategy changes, including real-world variability in the scenarios. Additionally, the models developed by the Miebach team as part of the project can be handed over to the client for their future use as part of their planning process for potential future changes. For further information on this project, please contact Angelica Rodriguez at rodrigueza@miebach.com

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What we do

Global supply chain consulting meets engineering: We design and implement state-of-the-art supply chains and are one of the world’s largest consulting and engineering enterprises in this field. We develop sound strategies and execute successful solutions for network structures, processes...

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How we work

Three main steps determine our plan of action: We take the time to understand our client’s long-term business and logistic objectives. We translate these objectives into the future requirements of the client’s supply chain. From there, we develop the best strategy to achieve our client’s...

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Leadership

The reputation and capability of any consulting firm rests solely on the shoulders of the individuals with whom the client entrusts their projects.  Below are the highly respected persons who help lead, develop, and guide our teams on a local and global level.

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History

Miebach Consulting was founded 1973 in Frankfurt, Germany. The company’s proven international record of successfully implemented projects and solutions exceeds 10,000. With now more than 350 employees, Miebach is one of the leading supply chain focused consulting and engineering companies.

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Alliances

Miebach Consulting actively designs the supply chain for the customers of today and tomorrow. We refine Supply Chain Management together with interdisciplinary alliances with businesses, non-profit organizations, associations and scientific institutes of various disciplines. Extract of...

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Services

Services

Plan. Design. Implement.

Our services span the complete supply chain. We develop concepts that define the integration of all relevant services. Upon these concepts our consultants and engineers plan, design and implement network structures, effective processes and sustainable installations.  Companies dependent upon the seamless operation and successful performance of their supply chains need prospective solutions. Therefore, our service model is built on three main pillars that offer the integration of different capacities: Supply Chain Transformation, Engineering & Implementation and Operational Excellence. Our services are centered on a holistic approach. We consider our client’s strategy, business process and logistics as equally important parts of a prospective supply chain concept.

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Locations

Locations

Across all regions

Over 350 consultants in 22 countries around the world provide the knowledge and experience to aid clients in local, regional, and global projects.

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Retail Supply Chain Conference 2018

Join Miebach in Phoenix, AZ Feb. 26-27 for the RILA Supply Chain Conference - we'll be in booth #753. The Retail Supply Chain Conference is the only event of its kind - gathering top executives in retail supply chain to network and learn. This year, join us in Reinventing the Retail Supply Chain: Accelerating What's Possible. The Retail Supply Chain Conference offers a premuim educational program addressing the topics most important to retailers. With 35+ interactive sessions and 5 breakout tracks, no other conference provides more powerful insights, extensive networking opportunities and in-depth content. Don't miss your chance to see where the industry is going, and to hear retailers share new and creative solutions for a host of complex challenges within their supply chains. Register here to attend!

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