Days of inventory reduced by 18 days through analytical tools and process changes

Days of inventory reduced by 18 days through analytical tools plus process changes provided by BUCS Analytics.

Problem:

Client company inventory was well above industry norms.

Focus:

  •  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

Approach:

  •  Gather and organize product demand and inventory data
  • Measure service, lead time, variability and value
  • Measure planned vs. actual service and inventory opportunity

Results:

  •  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

Animal Health Products Distribution