Situation: Excess inventory, few POs being delivered; significant shortages, high pricing. Challenges: Lack of purchase order visibility, fire-fighting approach to purchasing, poor supplier performance. Results: Annual RFQs generated 3-47% savings across categories, expedite/defer process developed, supplier scorecard implemented, inventory reduced by 20%, virtually all avoidable shortages eliminated, inventory accuracy increased from then 85% to over …
Situation: Sizeable, growing excess inventory, expired, and off-grade inventory with an ineffective management system in place. Challenges: Customer-specific inventory, manual rework process, lack of focus on inventory resolution actions Results: Developed multiple solutions to reduce excess and off-grade inventory through process-driven, technology-based automated workflow. Solution expected to reduce non-producing inventory by almost 25%.
Situation: Continual shortages, tactical purchasing, lack of material control, no long-term supply chain strategy, material lead time issues. Challenges: Customer lead time requirements were less than raw material lead time, design changes during production result in new material requirements Results: Developed long-term and short-term supply chain strategy, drove development for standardized engineered components to reduce …