LeanDNA: Empowering Global Electronic Instrument Manufacturer to Reduce Inventory and Improve Procurement Operations
Technology Category
- Functional Applications - Enterprise Resource Planning Systems (ERP)
- Functional Applications - Inventory Management Systems
Applicable Industries
- Electronics
- Equipment & Machinery
Applicable Functions
- Procurement
- Warehouse & Inventory Management
Use Cases
- Inventory Management
- Picking, Sorting & Positioning
Services
- System Integration
The Challenge
The global manufacturer faced challenges in managing the variance in demand for their products, which affected forecasting and inventory purchasing. They also had an unwieldy ERP system and lacked total visibility into operations.
The Customer
Not Disclosed
About The Customer
The customer is a global electronic instrument manufacturer that sought to improve shortage communication, reduce inventory, and optimize their procurement operations.
The Solution
The manufacturer partnered with LeanDNA to improve visibility, monitoring, reporting, and collaboration within their procurement team. LeanDNA provided metrics, dashboards, and daily updates on inventory levels. It also prioritized inventory actions and workflows based on projected impact and enabled collaboration within the tool.
Quantitative Benefit
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