Executive Briefings

Microsemi Reduces Inventory by Millions Through Improved Forecasting
Microsemi Reduces Inventory by Millions Through Improved Forecasting

Challenged by an innaccurate forecasting process and a reporting system that lacked the necessary granularity, speed and consistency, Microsemi found itself with $76 million tied up in inventory. The company partnered with Steelwedge to automate and bring efficiency to its forecasting processes, and as a result has:

• Increased on-time delivery to promise date by 20%
• Improved commitment to customer request dates for shipment by more than 20%
• Reduced inventory by 37%
• Improved lead times by more than 20% across the board
• Increased productivity significantly

Please CLICK HERE to view this whitepaper.

Challenged by an innaccurate forecasting process and a reporting system that lacked the necessary granularity, speed and consistency, Microsemi found itself with $76 million tied up in inventory. The company partnered with Steelwedge to automate and bring efficiency to its forecasting processes, and as a result has:

• Increased on-time delivery to promise date by 20%
• Improved commitment to customer request dates for shipment by more than 20%
• Reduced inventory by 37%
• Improved lead times by more than 20% across the board
• Increased productivity significantly

Please CLICK HERE to view this whitepaper.

Microsemi Reduces Inventory by Millions Through Improved Forecasting