Companies are strengthening their service commitment to get and keep customers, but they must do it with as little inventory as possible…more companies are looking to Software-as-a-Service (SaaS) and cloud solutions to provide that focus and efficiency.
Atlanta, Georgia (PRWEB) April 18, 2013
Leading SaaS demand forecasting, planning, replenishment and analytics provider Blue Ridge was recently published in an Industrial Distribution article about increasing cash flow and profits in the wholesale supply chain. The in-depth questions and answers session with Blue Ridge CEO Greg White focused on strategic inventory replenishment and demand management as way to reduce inventory and optimize customer service at the same time.
Associate Editor Abigail Kriebs implored the Blue Ridge CEO to share his thoughts on the importance of cash flow in wholesale distribution today and its connection to inventory replenishment. White stated, “Cash today is even more than usual, a distributor’s most valuable asset…every distributor’s largest physical asset is inventory, so everything they can do to manage that asset better is being considered these days.” He went on to say, “Companies are strengthening their service commitment to get and keep customers, but they must do it with as little inventory as possible…more companies are looking to Software-as-a-Service (SaaS) and cloud solutions to provide that focus and efficiency.”
Industrial Distribution also connected with Blue Ridge about the difficult balance of achieving elite customer service with less inventory. White asserted there are seven key elements, some of which included accurate demand forecasting, understanding of supplier lead-times and fill rates, causal demand considerations, and proper safety stock calculations. White noted, “Managing these elements on an individual item basis has been proven over decades to improve service performance while minimizing inventories and generating sales improvement, market-share growth, profitability and cash flow increases in many companies in the industry.”
White was pleased to contribute to the leading source for news in industrial distribution and looks forward to similar opportunities in the future. “Industrial Distribution serves and informs distributors, wholesalers, and resellers of industrial products all over,” stated White. “Blue Ridge serves this same audience, and we are proud to show how innovative inventory replenishment technology and methodology will bring profit improvements even during tough economic times.”
About Blue Ridge
Blue Ridge leads the way in enterprise-class Software-as-a-Service supply chain solutions. Blue Ridge solutions and services turn inventory investments into cash flow and revenue generation opportunities. The company’s robust cloud-based solutions deliver a tightly-integrated, yet flexible architecture for demand analytics, forecasting, planning, replenishment, SKU rationalization and other demand-driven optimization solutions to provide a sound foundation on which companies can solidify and enhance their supply chain initiatives. To find out why global supply chain leaders such as CVS, Home Hardware, Burris Logistics, CRP Industries, Europris, K. Ekrheim, Martin Brothers and Procurator trust Blue Ridge’s unmatched solutions and expertise as their inventory alignment partner, visit http://www.blueridgeinventory.com.