Challenge
Lack of alignment and inability to execute Customer orders. Information flow and process nonexistent from incoming orders and forward-looking forecast to lack of understand current Inventory on-hand and operating plan to ensure customer satisfaction with the right product at the right time.
Strategy Applied
Implemented the Sales, Inventory, Operating Plan (SIOP) process. A cross-functional platform for decision-making that aligns the organization’s resources, demand and supply capabilities, and strategic objectives with short-term and long-term business goals. It is designed to ensure that the company has the right product in the right quantity at the right time, while optimizing resources, reducing costs, and maximizing profits.
Results
Clear alignment of the organization and delivered the following improvements:
75% increase in Revenue
200% improvement in Inventory Turns
On-Time Delivery from 40% to 95%
