Cost Savings by Implementing an Innovative Inventory Management Solution
In this white paper, UTi IMS presents a case study for illustrative purposes.
A high tech semiconductor manufacturer (name withheld to respect the client’s privacy) was looking to reduce MRO and spare part inventory and consolidate suppliers to free up capital and obtain higher levels of efficiency in the procurement process. Their current staff was spending most of their time in transactional work and less time on strategic objectives.
UTi IMS helped the client to free up capital (over $7.5M), reduce inventory levels (by over 15%), reduce zero bins from over 15% to less than 2%, and keep production moving.