business to increase key component stock without any additional cost.
This allowed our customer to:
– Release cash tied up in stock back into the business
– Reduce key component lead times from 3 weeks to 0 days
– Reduce reject rate from 4% to 0.01%
– Reduce lead-times from 3 weeks to 4 working days
Our customer has now increased turnover by 18% and used the funds previously tied up in stock to increase their production facility marketing activity.