Since 2001, Aberfeldie based Initiate Action, has been providing service, advice and tools to help companies achieve improved inventory outcomes. It has developed specific and novel intellectual property that helps companies extract greater value from their inventory investments, known as the Inventory Cash Release Process. Initiate Action specializes in Inventory Process Optimization, Maintenance Repairs Operations (MRO) Inventory Reduction, Indirect Inventory Reduction and Process Improvement. In addition to consulting and training, supporting products include implementation software, audio programs, e-learning and the book Smart Inventory Solutions. Initiate Action services clients from manufacturing, automotive, OEMs, utilities and power generation, steel making and processing, process industries and smelting, pharmaceuticals etc. After undertaking international market assessments in 2004, the company has established a global distribution of books that promote its expertise and IP. Initiate Action has recently appointed a US agent and is making inroads into the US market and has established consulting licensee agreements with companies in Latin America.