How Streamline reduced inventory by 30% for the catering equipment manufacturer

About the Company

A success story is provided by Streamline customer, a well-established company operating in the catering equipment industry for over 20 years. Based in Romania, it provides a wide range of services, including professional catering equipment, kitchen facility design, warranty and post-warranty servicing, installation services, employee training, and financing options.

Challenges

The customer faced several challenges in its industry, primarily related to optimizing delivery logistics and automating the order process. The company needed a solution that would streamline these processes to enhance efficiency and reduce costs.

In search of a solution, the company focused on finding a system that could provide automation for their ordering processes and offer substantive support from consultants. The company wanted a comprehensive solution that could integrate with their existing ERP system, significantly increase demand forecasting accuracy, and optimize inventory levels.

The exceptional support of Streamline Strategic Partner, LPE Poland, aligned with technical solution was the key in choosing Streamline over the competition. Artur Janyst, with over 15 years of professional experience in managing crucial aspects of the Supply Chain for prominent stock-listed companies and multiple project implementations in Europe, brought his expertise to help the company achieve remarkable results.

Project

The implementation process included several key steps:

• Analysis of the current processes within the company.
• Integration of the Streamline solution with the company’s existing ERP system.
• Establishing product hierarchies for better organization.
• Building Master Data for products.
• Implementation of the Streamline solution.
• User training to ensure a smooth transition to the new system.

Outcomes

Since implementing Streamline, the customer has achieved positive outcomes, including a reduction in inventory by 30% percent within just six months. The company has also been able to optimize its logistics processes and significantly automate its ordering processes, leading to increased operational efficiency.

Previously, the communication between different departments was done through emails and was extremely time-consuming. Now, the entire team works in one place. They use notes, item statuses, and public filters-alerts in the pre-defined Streamline workflow that extremely speed up the decision-making process in the company.

Before using Streamline, the planning process took 3 days per week. Now it takes a few hours, and all the rest of the time, planner uses it for analysis and taking action to save money for the business.

“We highly recommend Streamline to other businesses. The comprehensive support provided by Streamline strategic partner, along with the technical capabilities of the program, has proven to be a valuable asset in streamlining operations, reducing costs, and increasing efficiency,” – said the CEO.

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Further Reading:

• How to deal with supply chain processes during the Coronavirus outbreak
• Why switch from Excel to inventory planning software
• Must-read: Smart Supply Chain Management solutions for business processes optimization
• Cross-Functional Alignment in Supply Chain Planning: A Case Study of Sales and Operations Planning [PDF]
• Demand & Supply Management: Collaborative Planning, Forecasting & Replenishment