A well-managed company with a good inventory system, once optimized with our products, got a lot better.

A mid-sized industrial lubricants distributor was managing inventory using ABC classification to set service levels and safety stocks for 1500 SKUs. The company’s average service level was about 97% and inventory safety stock levels were kept at a budget of $2.1 million.

Optimal Velocity’s Demand Forecaster™ and Inventory Optimizer™ were applied to their inventory set resulting in a reduction in inventory of $600,000 at the same service level.