Kitchen Glasswarefor House Use & Restaurants
For one leading glassware supplier, success and sales growth came with a cost: having correct product for each type of clients
The effort vastly improved the company’s planning and execution functions, they knew that in order to succeed in this era of technology their accounting systems needed to be much more robust than what they are.
challenge
The biggest challenge was for glassware is supply. Once the restaurants buy glassware, they buy bulk and they would like to have the guarantee they there will be available stock once they want to order same style and design in case of accidents and breaks.
On the other hand, for retails, you will need to bring the fast fashionable and trendy products.
- Improve sales and operations and production planning:
While supplying constantly the products to restaurants and chains, we keep selling products in retails in shopping malls and retailers. Due to these double supply, we have to make the supply and production planning at the optimum level.
- Determine the right inventory level:
Restaurants and chains will require the same products and we always have to have the back-up stock for them no matter how old it is until they decide to change the whole set. It requires lots of experience and long term data to have the optimum stock level and investment.
On the other hand, for retails, we need to adopt tot he fashion and supply the fast going products.
solution
The solution WP consulting came up with combined cutting edge technology with real world practicality. Everyone knew that the systems had to be updated, the real challenge was updating them without disrupting the whole organization in a negative way. The solution was to introduce proper workload management done through computers, while providing mobile platforms to the stakeholders.
This allowed the workers to be involved in the job instead of feeling like they had been made redundant by technology.
results
Arguzo employees are now more empowered; Arguzo also has the benefit of generating reports instantaneously whenever needed. They can now make decisions on the fly based on the latest real time data.
The effort vastly improved the company’s planning and execution functions, created and implemented a new stock policy that accounted for specific SKUs and key variables, streamlined the order preparation process and reduced distribution transport times.
By the numbers, the effort:
- Reduced lead time by 43%
- Decreased variability by 50%
- Lowered the risk of back-order by 95%
- Increased stock for finished goods by 10%