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Dow 30 Manufacturer | Food Manufacturer | Household Products Manufacturer
Vision Products Manufacturer

Household Products Manufacturer

Situation
This multi-national household products manufacturer was seeking to increase sales and improve in-stock service levels with its retail customers.
Critical Issue
Inventory levels were higher than needed but sales were suffering due to out-of-stocks at the retail level.
Reasons
Our client was unable to accurately forecast appropriate inventory levels to meet customer demands on a variety of products. At times, inventories were too high, other times too low. Or even worse, the company had the inventory but had not adequately stocked customer shelves to accommodate changes in demand causing lost sales.
Capabilities Needed
The company needed a way to receive store-level sales information and use it to forecast future demand and order quantities for all of its products for several national grocery retailers.
InfoAccess.net Provided
InfoAccess.net provided the client with our Vendor Managed Inventory application service. These services enabled the client to receive store-level sales information, forecast future demand levels and calculate required order quantities for all of their products.
Results
Our CPFR and VMI services provided significant inventory and logistical savings for the client. Utilizing our VMI service, the client reduced inventory by over 46% and increased sales by 35% through improved in-stock service levels.
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