Maximized on-time delivery while reducing inventory
Situation:
A leading healthcare services company turned to Kormac for a Sales, Inventory & Operations Planning (SIOP) makeover to improve on-time delivery to customers. From forecasting and purchasing to inventory management and product delivery, our client sought to deliver an outstanding experience for its pharmaceutical and biotech customers.
Actions:
- Began by process-mapping the company’s entire value chain to understand natural constraints, functional interplay, data sources, and forecast variables
- Executed kaizen-type workshops to develop and define functional KPIs for identification of looming supply and performance constraints
- Deployed 4-stage SIOP implementation pilot in just 8 weeks, plus extensive functional training and coaching
- Supported client in proceeding from pilot program to full organizational implementation by third review cycle
Results: Achieved 100% on-time delivery while reducing SKU inventory by half. Enhanced risk management tools.
