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Winzer Achieves 1350% ROI with Vanguard Predictive Planning for Inventory Optimization
技术
- 分析与建模 - 预测分析
- 功能应用 - 库存管理系统
适用行业
- 消费品
- 零售
适用功能
- 采购
- 仓库和库存管理
用例
- 库存管理
- 补货预测
服务
- 软件设计与工程服务
- 系统集成
挑战
Through a series of acquisitions, Winzer had multiplied its number of stocking warehouses across multiple locations. The company struggled to reduce safety stock while maintaining its 99 percent order-fill-rate goal. Most of Winzer’s 165,000-plus SKUs experienced sporadic demand that could not be successfully forecast with the company’s in-house purchase recommendation system. To mitigate financial loss due to inaccuracy, Winzer carried $1.08M in inventory with low turn. Lack of trust in the system spurred Winzer’s purchasing managers to review and adjust each forecast, often using assumptions that were inconsistent from manager to manager. Winzer estimated this process cost each manager 2 to 3 days per month. Limited reporting features added to the difficulty of managing inventory. To reduce inventory and associated carrying costs, Winzer began looking for an automated inventory optimization solution that could accurately forecast demand.
关于客户
Winzer is a full-service spare parts distributor that has expanded significantly through a series of acquisitions. The company operates multiple stocking warehouses across various locations and manages over 165,000 SKUs. Winzer aims to maintain a high order-fill-rate of 99 percent while optimizing its inventory levels. The company faced challenges with sporadic demand for its products and needed a reliable solution to forecast demand accurately and reduce inventory carrying costs. Winzer's purchasing managers were spending significant time manually adjusting forecasts due to a lack of trust in the existing system, leading to inefficiencies and inconsistent assumptions.
解决方案
Winzer conducted a thorough evaluation of four leading forecasting software vendors and selected Vanguard Predictive Planning. The decision was based on Vanguard's high analytic capability, particularly in handling sporadic demand. Vanguard Predictive Planning provided an automated inventory optimization solution that could accurately forecast demand, reducing the need for manual adjustments by purchasing managers. The implementation of Vanguard's software allowed Winzer to streamline its inventory management processes, improve forecast accuracy, and reduce inventory carrying costs. The solution also offered advanced reporting features, enabling better visibility and control over inventory levels.
运营影响
数量效益
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