Optimizing Supply Chain and Warehouse Management

Optimizing Supply Chain and Warehouse Management

Consumer Goods – Optimizing Supply Chain and Warehouse Management

Optimizing Supply Chain and Warehouse Management for a Consumer Goods Company: Reducing Costs, Improving Operational Performance and Improving Customer Service

The client and context:

A consumer goods company with diverse product lines including personal care, household cleaning and food products hired HYLMAN to help optimize their supply chain and warehouse inventory & inventory management processes. The company had a global footprint with manufacturing facilities and distribution centers in many countries, which made their supply chain complex and difficult to manage.

The Challenges:

The client was experiencing high inventory holding costs due to inefficient inventory management processes.

They had insufficient visibility into their inventory levels, which led to overstocking, inventories, and increased lead times.

This resulted in higher costs, lower customer satisfaction and lost sales.

The client also experienced challenges with their warehouse management system (WMS) and struggled to effectively manage their warehouse operations.

For our part, the main challenge was to develop a solution that could address the client’s unique supply chain and warehouse management requirements while meeting their budget constraints.

The client was looking for a cost-effective solution that could be implemented quickly and efficiently across their global network.

What have we done:

We performed a comprehensive assessment of the client’s supply chain and warehouse management processes.

We analyzed the client’s current inventory management practices, demand forecasting accuracy, order fulfillment process, and warehouse layout and design.

Based on this analysis, we identified areas for improvement and developed a customized solution to optimize our supply chain and warehouse management processes.

Our solution involved implementing a new WMS (Warehouse Management System) that offered improved functionality and flexibility. The new system provided the customer with real-time visibility into their inventory levels, which allowed them to manage their inventory more efficiently.

We also helped the client streamline their warehouse operations by improving their warehouse layout and implementing best practices for picking, packing and shipping orders.

What we achieved:

We helped the client achieve significant improvements in their supply chain and warehouse management processes.

The new WMS resulted in a 30% reduction in inventory holding costs and a 20% improvement in order fulfillment accuracy.

The client was able to reduce delivery times and improve customer satisfaction levels, which resulted in increased sales and revenue.

Streamlined warehouse operations also led to a 25% improvement in warehouse productivity and a 15% reduction in labor costs.

In conclusion, we were able to help the client achieve their supply chain and warehouse management goals by providing a customized solution that met their unique requirements.

The client was able to realize significant cost savings, improve operational efficiency and improve customer service levels.

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