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Improving stock turnover and the speed of the supply chain

Initial situation

  • Following the integration into a leading global supplier in the field of aluminum rolling and recycling, the site should massively improve its stock turnover rate
  • The customer operated in a dynamic and highly competitive market with strong fluctuations in raw material prices and customer demand
  • Several previous projects had addressed the low turnover rate, but had only limited success
  • Cross-functional and holistic approaches for the supply chain and sales should now finally achieve sustainable results

Achievements

0
Reduction of SKUs
0
Inventory turnover rate improved
0
On-Time-In-Full

Our approach

  • Identify key drivers for flow, inventory (days-on-hand) and adaptability through a comprehensive as-is analysis
  • Use process mining to create transparency, strengthen acceptance and build understanding for the upcoming modeling phases
  • Use lean and supply chain principles to identify meaningful solutions:
    • Optimize product portfolio in line with the market using Value Priority Number
    • Reduce product variants
    • Implementing slab supermarkets
  • Involve stakeholders cross-functionally in the improvement initiative, create and maintain momentum

Further cases

Metal

Improving throughput and profitability through dynamic modeling in the steel industry

Metal

Securing acceptance and commitment through a collaborative approach to strategy development

Metal

Acceleration of the supply chain through a value stream-oriented target image in stainless steel processing

Metal

Ensuring the predictability of an S/4HANA transformation through a business-oriented preliminary project

All cases

Discover more references.