Situation

• Private Equity owned leading national distributor of industrial chemicals with multiple distribution centers
• Client had excessive inventories resulting from inflated lead-times, poor demand visibility, and weak inventory management practices 

Actions

• Redefined inventory parameters
• Segregated seasonal products and created a tailored inventory strategy
• Introduced economic order quantities
• Developed a playbook of Best Practices to manage inventory positions and high-margin trade products

Results

• Reduced inventory by $4.6M