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Industry Results
Jewelry Manufacturing
- Achieved 20% reduction in inventory (while SKUs increased 20%)
- Dramatic improvement in on time shipments
- 15% increase in Sales and 20% increase in SKUs
Jewelry Retail
Year 1 Results with Equivalent Sales Volume
| Year |
Status |
Inventory $$ |
| 0 |
Before LTT Implemented |
2.7 M |
| 1 |
1 Year After LTT Implemented |
2.0 M |
Engineering Polymers
- Implemented DRP in 8 countries
- Integrated with existing regional forecast, production planning, scheduling, and S&OP systems
- Improved Customer Service (identified inventory shortfalls for specific SKUs)
- Reduced working capital
- 30% Inventory Reduction
- Simplified Planning Process
- Increased quality of decision making
- Increased visibility of inventory, decisions, problems
- Standardized business practices
- Implemented DRP in 8 countries
Industrial Yarn
- 59% Reduction in 1st Grade Inventory
- Forecast Error (MAD) Reduced by 36%
Textile Yarn
- 50% Reduction in Standard Inventory
- %MAD Forecast Error Reduced from 44% to 28% (1 month horizon)
Commercial Carpet
- 15% Inventory reduction
- Service Levels improved to +90% On-time shipment
Residential Carpet
- Inventory Level reduced by +$100M in less than 1 year of use
- Increased profitability
- Fill rates improved from 80% to +90%
- Yarn, greige, carpet, warehousing planned and optimized simultaneously
- Improved Planning manpower efficiency
- +30,000 individual running line SKUs, +150,,000 including inactive SKUs with inventory
- Average of 4 storage locations per SKU
- 5 million historical shipment records processed in each LTT run
- 30,000 Bill-of-materials records
- Start to finish run time less than 2 hours
Industrial Chemicals
- Intermediate inventory reduced by 50%
- Product Wheel cycle reduced by 40%
- Planning "view" extended from 2-3 weeks to 6-9 months
- High quality raw material forecast for suppliers
- Reduced inventories from 130 to 90 days
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