Case Studies



$20 Billion Pharmaceutical Company

Improved excess on-hand inventory levels resulting in reduced inventory cost


Our Approach

  • Established material reordering points & quantity limits
  • Redesigned inventory management system
  • Improved record-keeping
  • Reduced resource cost

Results

  • Over $45,000 annual savings
  • 16% inventory level reduction
  • 17% reduction in inventory carry cost
  • Inventory record-keeping accuracy improved to 96%

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Focus Areas

  • Kaizen
  • Accuracy
  • Cost Reduction

Objectives

  • Supply Assurance
  • Efficient Supply Chain

Tools

  • Inventory Management System