Increased Inventory Fill Rates by 80% via Process and Tool Optimization​ for PE-Owned Beauty Brand Incubator

Challenge

A private equity-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

Results

I.

Increased Fill Rate from 50% to >90% by delivering tailored supply planning toolsets and processes

II.

Mitigated Gross Margin variance of 16% with key distribution partner via improved controls

Experts