Meet our principal

Jeff Warren has a wealth of experience in logistics and inventory optimisation, starting out as a spare parts interpreter in the automotive industry, then working in multiple heavy industry verticals before joining BHP and performing various inventory leadership roles over a period of nine years.

During his time at BHP, Jeff oversaw multiple mine sites, managed remote inventories in excess of $250m and established demand planning capability that oversaw 1.4B P.A., over 110,000 lines per week – the outcome was 91% on time in full to the customer.

In 2016 he started up Vueterra (Jeff’s neologism for “view from the ground”).
Since then, the company has worked with some of Australia’s biggest names in heavy industry, logistics, and freight, including Glencore, Anglo American, HSE Mining, Aurizon and Fitzroy Australia Resources.

In recent times, Vueterra has worked across other industries such as Queensland Health, ensuring timely supply of stocks across hospital systems.

“Inventory is the shock absorber of your business,” says Jeff.

✓ When lead times increase you add more to inventory; when you don’t trust the supply of goods you add more to inventory to compensate.

✓ Uncontrollable expensive inventory becomes a symptom of business practice; a knee jerk reaction to failing to rectify an underlying issue.

✓ It is important, therefore, that supply chain accepts responsibility before deflecting to other departments.

✓ With Vueterra’s unique combination of experienced industry supply chain analysts and best-in-class supply-chain inventory software, our aim is to grow a healthy business further, or transform a struggling business into a commercial triumph.”

What is inventory anyway?

There are different types of inventory including:

MRO Goods Inventory

(Maintenance, repair, and operating supplies). These are items that are used to support and maintain the production process and its infrastructure.
These goods are usually consumed as a result of the production process but are not directly a part of the finished product. Oils, lubricants, coolants, janitorial supplies, uniforms, gloves, packing material, tools, nuts, bolts, screws, mechanical and electrical components are examples of this.

Raw materials

These are the raw materials your business uses to produce the products it sells.

WIP (Work in Progress)

WIP inventory is inventory that is being transformed from one or more raw materials or sub-components into a finished product, for example, textiles and chemicals.

Finished Goods

These are inspected and completed parts ready for your customers to order.

In-transit Inventory

This is “on the road” inventory, eg stock that is being moved by rail, air or sea as opposed to being moved in your warehouse on a conveyor belt.

Buffer Inventory

This is inventory used to protect your company against the uncertainty of supply and demand, natural disasters, delivery issue, or quality issues with suppliers.

Anticipation Inventory

This is holding inventory that is surplus to need but is held in anticipation of a price increase, seasonal demand changes or possible industrial action.

Decoupling Inventory

This is a “cushion” if you like to ensure that inventory linked to one process in your business, does not slow down the other systems due to a hiccup such as equipment breakdown, or different production outputs from different machines.
This is usually important in “custom” production runs.
Whatever the inventory issue, Vueterra can help you maintain your inventory – which is the very core of supply chain efficiency.
✓ “When lead times increase you add more to inventory; when you don’t trust the supply of goods you add more to inventory to compensate.

✓ “Uncontrollable expensive inventory becomes a symptom of business practice; a knee jerk reaction to failing to rectify an underlying issue.

✓ “It is important, therefore, that supply chain accepts responsibility before deflecting to other departments.

✓ “With Vueterra’s unique combination of experienced industry supply chain analysts and best-in-class supply-chain inventory software, our aim is to grow a healthy business further, or transform a struggling business into a commercial triumph.”