We deliver individual solutions that reflect the unique needs of our clients.
Services
We have the technical knowledge and skills
Spare Parts Analysis
Obsolete components, redundant locations, mislabeled spares, and other issues can lead to an excessive spare parts inventory. By collaborating with your store personnel and utilising our systems, we can streamline your inventory holdings.
Stockroom Rebuilds
Is your stockholding mired in outdated practices and has the task outgrown its current system? Allow us to take inventory, relabel, barcode, and introduce modern systems to update your operations and begin anew.
Optimal Stock Computation
Relying on guesswork for stock levels? We can analyse and calculate your optimal, minimal, and reorder levels to reduce unnecessary purchases and maintain efficiency.
External Auditing
Annual stocktaking is a significant undertaking. Specialising in engineering parts, we concentrate on the task at hand, providing external verification of your figures while allowing your staff to continue with their duties.
Case Studies
To provide optimal solutions customised for your local needs.
Ornua Foods
The project initiated when Knights Inventory Support Services (KISS) was engaged to evaluate 8,016 engineering stock lines to determine their necessity in the engineering stores. The parameters for this was any item that had not been used in the past three years, which constituted about two-thirds of the total 12,744 engineering stock lines. The high volume clearly required reduction.
The project aimed to enhance the engineering stores' efficiency by decreasing obsolete or redundant stock, liberate space by relocating items to an onsite storage container, and provide impartial recommendations for overall improvements.
The project achieved a reduction in on-site stock value by £430,000 (15%).
A decrease in store lines by 2,713 (21%)
An increase in non-stock items by 732 (11% of current holdings)
Expanded the available space in the front store by 35% (from 6655 to 4325 locations).
The project progressed smoothly, adapting as understanding of the operations deepened. An unforeseen delay occurred due to the absence of a comprehensive, current list of factory floor machinery, necessitating an additional audit of the machines and serial numbers, which slightly extended the project's timeline.
Continental
After a personnel termination, the engineering stores had been dormant for 18 months with minimal maintenance, periodic checks, or supervision. KISS was enlisted to inventory, organize, and modernise the engineering stores. The stores were outdated, disordered, and poorly cataloged, evident from the reliance on pen-and-paper processes, some completely inaccessible storage areas, and inconsistent labeling.
Consequently, the store's budget was a black hole, with no way to forecast costs from month to month.
KISS dedicated nine months on-site to operate the stores while concurrently implementing a barcode system for labeling, wireless scanner integration, creating new stock control processes and custom systems within Excel, and revamping the engineering stores.
This initiative uncovered nearly £200,000 of inventory previously unknown to the business, enabling a firmer control over costs and stock, which was then handed over to the internal staff at the contract's conclusion.
Previous Clients
What our previous customers say about us.
Ornua Foods
After ending our contract with a stores management company, we found ourselves facing a significant challenge: a ballooning stock position with no clear correlation between our needs and the inventory we were holding. Our balance sheet was growing, and we were unable to efficiently locate critical spare parts. At one point, our SKUs had peaked at over 12,000 unique line items, many of which were duplicated due to OEM part number creep, leading to over-provisioning and inefficiencies.
We turned to Knights Inventory Services (KIS) for help with a project aimed at reducing our overall stock position as a percentage of our Asset Replacement Value (ARV) and improving maintenance efficiency by streamlining the process of locating spare parts.
After evaluating several potential solution partners, we chose KIS because of their deep expertise in managing engineering spare parts and their competitive pricing model, which gave us confidence in staying within budget while delivering clear benefits to the business.
The results exceeded our expectations. KIS not only helped us reduce our stock value by £430,000 (15%), but they also reduced the number of unique SKUs to under 8,000, making our inventory management far more efficient. Perhaps most impressive was how seamlessly they delivered the project—without disrupting our normal operations.
We were able to make real, lasting improvements in both stock management and spare parts availability, and the positive impact on our bottom line was immediate. I highly recommend KIS to any organization looking to optimize their inventory and improve operational efficiency.
Steven Merriman, Engineering Controller, Ornua Foods
Continental
I want to thank Knights Inventory Support Services for their expertise in inventory management to bring our warehouse into the 21st century. Before KISS our site had little control over it's stock, struggled with rotation of parts/equipment and had an inflated stores cost.
KISS restored order of our stock using LEAN management techniques and implementing an easy to use inventory management system. This enabled us to complete monthly cyclic checks, gaining more control over our inventory.
This ensured our team could locate and book both parts and equipment easily and reduced the overall stores stock value while ensuring engineering activities were not affected.
Russell Atkins - Maintenance Manager, Continental
Contact Us
We are here to help. We highly value the relationships with our customers. Send us an email and lets chat.
Jonpaul@knightsinventorysupportservices.co.uk
+(44) 07356075345
Portsmouth, Hampshire
Nationwide availability.
