Increased Inventory Fill Rates by 80% via Process and Tool Optimization​

Challenge

PE-owned beauty brand incubator experienced rapid growth over the last several years, and faced poor service levels and high inventory due to inadequate processes and controls to support this growth​

The company needed help to implement process controls, optimize their inventory, and bring visibility to operations to rapidly triage working capital

Approach

• Baselined critical current-state supply chain processes identifying key optimization opportunities​
• Highlighted major data gaps to address and aligned on critical details required by operational teams to ensure success​
• Developed, socialized, and deployed multiple PowerBI toolsets to enhance visibility into inventory levels and performance KPIs ​
• Implemented responsibility matrix to ensure sustainability​
• Demonstrated use of tools to drive improved immediate decision-making
• Established Demand Forecasting Accuracy measurement tool, emphasizing need for a more robust SIOP process
• Developed Consolidated Corporate Scorecard to ensure tighter controls around data quality and governance