Reducing inventory waste with targeted S&OP design
- Location
- Colorado, USA
- Year
- 2018
- Engagement
- Profitability Improvement: Operations Productivity
Non-profit allograft tissue bank making skin grafts, bone putties and other products. Preparing to partner with a major sports medicine company. Conducting a competitive analysis to reduce costs and improve inventory / fill rate.
Our team analyzed workflows, management systems and key roles. We identified significant gaps in planning and production processes that led to excess inventory clustered in low-volume SKUs. We developed collaborative roadmap to implement a robust and effective S&OP cycle.
Case snapshot
Implementation completed by client independently
Medical Devices
Measurable impact
$40M
Estimated USD $40m annualized inventory overstock reduction
Medical Devices
Measurable impact
13%
Estimated 13% improvement in fill rate
Medical Devices