Invopak sees product availability soar to 97%

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August 13, 2024

Maggie Bendis

reading time – < 1 minute

I feel vindicated because I had to justify the cost to the business. However, the results speak for themselves. EazyStock is a third-party provider we hold up as a shining example of how things should be.

Oliver Lancaster, Head of Supply Chain at Invopak

Invopak, part of the Involvement Group, is a leading rigid packaging supplier serving thousands of manufacturers worldwide with a wide range of products and custom packaging options. With over 50 years of experience, they excel in sourcing, stocking, and distributing over 4,000 SKUs, including custom packaging solutions.

Invopak’s inventory journey

Highlights:

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Challenges

• Inaccurate stock forecasting

• Frequent stockouts and excess inventory

• Inefficient and error-prone procurement practices

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Solution

• Seamless integration with Microsoft Dynamics Business Central

• Automated order suggestions and streamlined procurement processes

• Enhanced stock visibility and guided buffer stock management

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Results

• 97% product availability on A lines

• Enhanced stock visibility and accuracy

• Reduced stockouts and excess inventory

• Boosted efficiency and cost savings through automation

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The old system was just unnecessarily hard work. This is what it actually should be like working in procurement.

Claire Rolfe, Procurement Officer at Invopak

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