This is a small selection of case studies of projects of differing sizes and types carried out by nVentic. Please contact us if you are interested in our experience in other areas.
nVentic helped a process industry manufacturer with inventory optimization, identifying improvements of over 20% while hitting target service levels.
We also helped this client make progress in master data management and reevaluate the impact of Minimum Order Quantities.
nVentic allowed a manufacturer to pinpoint and resolve problems with both shortages and excess stocks in just a few months.
Availability of products for customers was the top priority, but it is the nature of inventory imbalances that excesses and shortages go hand in hand, so both could be resolved simultaneously.
A leading manufacturer thought they had already optimized inventory, but nVentic helped them find further potential for improvement.
Epic data problems were quickly addressed and further potential identified in inventories that this manufacturer had previously considered as optimal as it gets.
nVentic helped a manufacturer reduce inventories in scope by 50% while improving service levels.
Over 3 years, nVentic helped this client completely transform its understanding of how much inventory it really needed, while moving its already high customer service levels to new heights.
A double digit improvement in inventory had been delivered by this manufacturer in 2019 and more was planned for 2020, when the Coronavirus pandemic created supply chain issues on both the demand and the supply side. nVentic helped them react quickly, shore up risks and continue the previous momentum to deliver a further double digit improvement in 2020.
True optimization is not just a name for inventory reduction. nVentic helped a manufacturing client reduce inventories while improving service levels, even in a context of significant supply disruption and other externalities.
Sporadic demand represents a particular challenge for inventory optimization, since many of the best-known models break down or need adapting. The potential for both shortages and excesses is high. nVentic helped a manufacturer better understand and segment their sporadic demand items to deliver pragmatic solutions that reduced inventory while maintaining high service levels.
Strategic decisions such as the overall design of a supply chain are complex and challenging to quantify well. nVentic helped a large industrial client reconfigure its footprint of production and distribution sites.
nVentic helped a manufacturing company deal with a major external risk in its supply chain.
Major make vs buy decisions are often complex and strategic. Sometimes external market conditions make one reconsider the very basis of the decision. nVentic helped a global client find its way through the complexity to a balanced decision.