LeanDNA > Case Studies > A Global Electronic Instrument Manufacturer Quickly Frees Up Millions

A Global Electronic Instrument Manufacturer Quickly Frees Up Millions

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 A Global Electronic Instrument Manufacturer Quickly Frees Up Millions - IoT ONE Case Study
Technology Category
  • Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Industries
  • Electronics
Applicable Functions
  • Logistics & Transportation
Use Cases
  • Supply Chain Visibility
The Challenge

The global manufacturer’s demand varies from item to item. This variance impacted forecasting and added complexity to their inventory purchasing process, ultimately affecting supply to the manufacturing floor and putting factories at risk of production-halting critical shortages. It was crucial for them to manage the variance.

However, the management of this complexity was challenged by an unwieldy ERP system and a lack of total visibility into operations.

About The Customer

Global Electronic Instrument Manufacturer

The Customer

Not Disclosed

The Solution

Establishing Total Visibility, Data Cleanliness, and Operational Command

Initially, the leaders at the electronic instrument manufacturer had no exposure to current inventory levels in their outdated ERP with limited organization and visualization capabilities. So to start, LeanDNA enabled access to metrics and pre-built dashboards that show validated data and up-to-date inventory levels.

Prioritizing Daily Actions and Workflows Leads to Inventory and Shortage Reduction

With clear goals established by the team, actions and metrics are then surfaced in LeanDNA and automatically prioritized by the largest projected impact on inventory reduction. 

Collaborating Within One Tool

LeanDNA empowers the buying and executive teams with a platform to prioritize actions, identify the root cause of the problem, and collaborate with other individuals as needed to resolve the action. 

Operational Impact
  • [Efficiency Improvement - Productivity]

    • Reduced downtime due to shortages

    • Improved working capital levels

Quantitative Benefit
  • • Reduced inventory by 15% in the first year

    • Reduced shortages by 60% in the first year

  • • Saved 38 hours per month of data collection and analysis

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