Improved Service and Profitability
The Challenge
Improve in full and on time performance and reduce inventory levels.
The Solution
Warehouse Management System (WMS)
Assessed current inventory performance
Identify opportunities for improvement
Develop a corrective action plan to realise above opportunities
Modeled stock imbalances and measured supply and demand risks and lead and cycle times for each sku
Implemented changes to forecasting, planning, scheduling and sourcing processes which improved forecast and lead time accuracy, review periods and replenishment cycles
The Benefits
Improved national in full and on time service levels to above 95% and improved inventory turns by 35% releasing $6 Mil in cash and improving profits by 30% year on year.