A regional leader in the retail distribution of electronic products needed to improve their inventories management model and support tools. They were dealing with a vast increase in the variety of their products, along with an increasingly shorter life-product cycle. The company contracted Miebach Consulting to design a solution that would incorporate an administration process to ensure better visibility, as well as measures aimed at anticipating and avoiding inventory excesses or shortfalls.
Develop inventory management processes based on life cycle and SKU performance
Optimize inventory levels at locations to improve turnover and shortages
Categorize products and define associated policies
Reduced inventory costs by 18%
Eliminated obsolete products, reducing inventory by 49%
Improved inventory management with introduced line up administration model