We have filled our orders above our fill-rate goal, and while doing that reduced inventory by $1.2 million.
Atlanta, GA (PRWEB) November 07, 2013
In September, leading SaaS supply chain planning and analytics provider Blue Ridge hosted its 6th annual BLUEPrint conference at Chateau Elan in Braselton, Georgia. The conference enabled supply chain professionals of all industries to engage, discuss, and promote best practice demand forecasting, planning and inventory replenishment strategies in order to increase bottom-line value and improve efficiency.
The replenishment team at one Ben E. Keith branch experienced immediate results following the BLUEPrint conference. Chris Knollmeyer, Category Manager of Ben E. Keith’s Mid-South branch, set a goal to reduce inventory by $1 million. “At the start of the year, we managed $18.1 million in inventory. Today, we have $16.9 million, while achieving a fill-rate above 99 percent,” stated Knollmeyer. “We have filled our orders above our fill-rate goal, and while doing that reduced inventory by $1.2 million.”
This year’s conference included speakers from industry leading companies such as Henry Schein, Ben E. Keith, and N.B. Handy. These speakers were able to share their success stories and discuss how they were able to overcome obstacles. Just a few of the challenges they faced included reducing inventory, increasing service levels and improving margins.
Blue Ridge is thrilled by the turnout at BLUEPrint and the excitement created during the two-day, best-practice conference. “BLUEPrint has proven once again that strategic inventory teams are delivering game-changing financial results to their organizations. The number of retail and wholesale inventory leaders who stood up and documented millions in savings was unprecedented,” stated Dan Craddock, President at Blue Ridge. “There is a whole new wave of experts in the inventory and buying community, and they are utilizing tools like our CLARITY and Visibility solutions at new levels of excellence, and their company’s income statements show the proof.”
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% or more and improve sales by double-digits, while stabilizing or even reducing inventory up to 30%. 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