The retailer reduced excess inventory and safety stock by 10 percent, while increasing service levels to stores by 2.5 percent.
Atlanta, GA (PRWEB) May 28, 2014
Blue Ridge, leading Cloud supply chain planning provider, announced today that it has been selected by Supply & Demand Chain Executive Magazine as a 2014 “Supply & Demand Chain Executive 100” (SDCE 100) award winner. This is the second year in a row the company has received this honor. Blue Ridge worked with a leading home improvement retailer to improve promotional effectiveness and service levels, while reducing inventory costs.
The hardware retailer successfully used the Blue Ridge Cloud solutions to achieve greater supply chain visibility and maximize the return on their inventory investment. Ultimately, the retailer reduced excess inventory and safety stock by 10 percent, while increasing service levels to stores by 2.5 percent.
Blue Ridge was honored to receive this recognition for helping the hardware retailer capitalize on supply chain complications that vex many retailers today. “The retail environment has transformed, and to be profitable it is critical that retailers capitalize on demand-shaping events like promotions without sacrificing efficiency,” stated Greg White, CEO of Blue Ridge. “The ability to analyze millions of consumer transactions is key to achieving a profitable balance, and only true Cloud architecture delivers the scalability required for that level of precision.”
Through an online submission process, Supply & Demand Chain Executive collected information on supply chain transformation projects, including information on the objectives, scope, timeline and results of the project. The submissions were evaluated by the magazine's editorial staff primarily based on: ambitiousness/scope of the project; creative application of technologies/solutions/services used; extent of the business results/impact; and clarity of submission.
"Our readers count on Supply & Demand Chain Executive for intelligence and decision-making information on solutions and best practices for supply chain transformation," said Barry Hochfelder, editor of Supply & Demand Chain Executive. "With this year's Supply & Demand Chain Executive 100, we are featuring '100 Great Supply Chain Projects' that demonstrate the broad spectrum of opportunities for enabling excellence in the supply chain."
About Blue Ridge
Blue Ridge Cloud supply chain planning and analytics solutions provide next-level visibility and precision in demand forecasting, planning and replenishment to retailers, distributors, and manufacturers. By optimizing product availability, inventory, and logistics costs, these companies increase cash flow by 50 percent or more and improve sales by double-digits, while stabilizing or even reducing inventory up to 30 percent. Blue Ridge demand-driven solutions can be implemented in as little as 90 days and scaled to the most complex supply chains. For more information, visit http://www.blueridgeinventory.com.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. On the Web at http://www.SDCExec.com.