Executive Briefings

Inventory optimization drives 26% sales growth through supply chain synchronization

Challenge: A beverage bottler needed to reduce Out of Stocks and enable better inventory turnover. Additionally, a Vendor Managed Inventory solution was needed to provide KPI's on internal and client stock levels, demand planning, event management and order administration.

Solution: We implemented a cloud based solution, delivering dashboard based KPI's and reports within 4 months. In addition, we enabled supply chain synchronization for increased visibility throughout the supply and demand chain, automating the product replenishment process, while optimizing inventory levels.

Results: The client saw average sales increases of 26 percent in the first 12 months of implementation. Significant increases occurred in juice, tea and beer sales due to more effective stock planning. Improved availability of products at store level and stock optimization allowed them to have the right product, at the right time, in the right place and in the right quantity - generating more satisfied and loyal customers.

About the Solution Provider: NeoGrid helps companies balance inventory, minimize out-of-stocks, increase sales and find the right suppliers to partner with. NeoGrid delivers secure cloud-based solutions that are faster and easier to implement than traditional models - empowering retailers, manufacturers and distributors to quickly gain visibility and take control across domestic and global supply chains.

Web: www.neogrid.com

Email: info@neogrid.com

Phone: 312-706-3600

Solution: We implemented a cloud based solution, delivering dashboard based KPI's and reports within 4 months. In addition, we enabled supply chain synchronization for increased visibility throughout the supply and demand chain, automating the product replenishment process, while optimizing inventory levels.

Results: The client saw average sales increases of 26 percent in the first 12 months of implementation. Significant increases occurred in juice, tea and beer sales due to more effective stock planning. Improved availability of products at store level and stock optimization allowed them to have the right product, at the right time, in the right place and in the right quantity - generating more satisfied and loyal customers.

About the Solution Provider: NeoGrid helps companies balance inventory, minimize out-of-stocks, increase sales and find the right suppliers to partner with. NeoGrid delivers secure cloud-based solutions that are faster and easier to implement than traditional models - empowering retailers, manufacturers and distributors to quickly gain visibility and take control across domestic and global supply chains.

Web: www.neogrid.com

Email: info@neogrid.com

Phone: 312-706-3600