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RESULTS
- Reduced Inventory 26% for distributor of Home Improvement products
- Reduced inventory from $15.5 million to $11.5 million over 9 months.
- Reduced stock outs and lost sales--even with less inventory.
APPROACH
- Analyzed stock movement by warehouses across the county.
- Analyzed supply chain from foreign suppliers
- Designed purchasing strategy to more closely match regional demand.
- Changed container packaging strategy to reduce shipping costs
- Implemented monitoring tools to measure fluctuating demand by location.
- Provided Warehouse Managers and Distributors with daily updates of products in the pipeline and estimated arrival dates.
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