Solution: The C-store supplier implemented a dedicated demand forecasting, planning, and inventory replenishment solution, and instilled a financially, strategic approach around the company's inventory planning.
Results: Forecast accuracy improved. Inventories came down and freed up cash. Service levels improved and the company began growing much faster than Norway's economy. Profit increased dramatically. The wholesaler has seen a 12% revenue increase, 300% increase in cash flow, 14% reduction in inventory costs, and 181% profit increase.
About the Solution Provider: Blue Ridge is a leading provider of SaaS demand forecasting, planning, replenishment and analytics solutions. Retailers, distributors and manufacturers drive significant cash flow increases, inventory reductions, and product availability improvements with enhanced visibility and control across the supply chain. Find your path to game-changing results at www.blueridgeinventory.com.
Enjoy curated articles directly to your inbox.