S&OP redesign saving $250M inventory for a medical device firm
- Location
- Tennessee, USA
- Year
- 2020
- Engagement
- Profitability Improvement: SIOP
A top-10 global medical device company faced chronic backorders, excess inventory, and underutilized capital, leading to delayed product availability. The company aimed to improve inventory efficiency, reduce labor waste, and strengthen supply chain operations.
Our team conducted a supply chain diagnostic to address misaligned safety stock, long lead times, and forecasting issues. We optimized safety stock, reduced lead times, rationalized SKUs, improved forecasting, enhanced warehouse processes, and established regular S&OP meetings to enable sustainable performance improvements.
Measurable impact
$250M
Achieved $250M USD in inventory savings
Medical Devices
Case snapshot
Reduced labor inefficiencies across the supply chain
Medical Devices
Case snapshot
Established a sustainable S&OP framework to improve product availability and performance
Medical Devices