Days of inventory reduced by 18 days through analytical tools plus process changes provided by BUCS Analytics.
Client company inventory was well above industry norms.
- BUCS provided visibility to inventory planning drivers.
- Data collected and opportunities were assessed by product and by location.
- BUCS and Client developed process changes to improve inventory planning
- Gather and organize product demand and inventory data
- Measure service, lead time, variability and value
- Measure planned vs. actual service and inventory opportunity
- Provided performance clarity regarding Supplier and product performance
- Purchase process and systems refined and improved
- Buyer training, guidance and monitoring provided
- Days of Inventory reduced by 18 days
Days of Inventory Reduced by 18 Days