The Challenge:
An Pharmaceutical company needed to optimize supply chain efficiencies in order to keep up with projected growth. Sourcing from multiple warehouses led to operational inefficiencies, a sizeable inventory backlog and a less than robust distribution network. Supply chain consolidation and restructuring necessary for future growth projections.
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Flagging sales with an outsized distribution network
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Enhanced Network Modeling of Distribution Centers
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Strained growth strained due to media-related negative reputation
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nVntori logistics experts tasked with evaluating reorganization of supply chain
Demonstrated Capabilities:
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Reduction of excess inventory
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Install fulfillment center model
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Set goal to achieve $3-$7M/year in savings due to supply chain efficiencies
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Thorough investigation and evaluation of existing supply chain infrastructure
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Assume operations functions to reduce cost and provide climate for steady grow
Customized Solutions:
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Implemented 90-day operations plan
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Applied proven supply chain logistics technologies to boost efficiency
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Created custom operations solutions based on key performance indicators
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Initial logistics assessment with estimated cost savings delivered to private equity partners
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Distribution center costs, fulfillment center expenditure, consolidation of third-party logistics contracts and annual savings goals
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Installed operations management team to ensure implementation of nVntori custom solutions and provide for maximum profitability
Results Impacted:
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Annual Savings = $3-$7M
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Distribution Center Reorganization = Over $2M
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Renegotiation of 3rd Party Logistics Contracts = $3M