Company Overview:
- The client is a power management company providing energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably
- The client experienced high inventory and challenges delivering on time in full due to inaccurate demand planning
- Communications between sales and operations was ineffective and lacked structure
- Supply Chain leadership lacked focus
Project Scope:
- Design and implement Sales, Inventory and Operations Planning at the Client’s automotive and aerospace divisions
Project Outcomes:
- Increased demand plan (forecast) accuracy from 47% to 65% and reduced inventory inventory by 9% during the term of the project, with apparatus in place for additional improvement
- Improved sales and operations communications which had far reaching effect; it:
- Improved customer service
- Optimized materials procurement
- Identified and mitigate operational risk
- Improved new product introductions
- Focused capital expenditures
- Improved profitability
