Manufacturing Supplier — "Free up" Working Capital
ASSESS:
- Parts shipped to 6 locations for final manufacturing and assembling
- Misaligned global representatives and distributors to supply chain strategy
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DESIGN:
- Plan and implement systems to manage inventory and demand forecasting, calculate the safety stock, enhance the procurement activity, and decrease cash cycle
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DELIVER:
- Reduced average inventory level by 19%
- Increased revenue by 10% and inventory turn-over by 9%
- Decreased cash cycle days
- Reduced inventory management costs by 2,000 man-hours a year
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“...turned a 'seat of your pants' inventory control/purchasing system into a 21st century, state of the art system...”
