As a quick-response manufacturer, it was imperative STS Air-Pro had the right items in stock to build their hoses and guarantee a fast turnaround for customers. With the inventory team still using spreadsheets to manage their forecasting, calculate reorder quantities and carry out purchasing, stockouts were increasingly common. Their standard response was to heavily re-stock to alleviate the negative consequences on production. This lead to excess and obsolete stock, but STS Air-Pro had no centralised way to track or signal that a problem existed.
STS Air-Pro sought a solution to improve their inventory management processes, minimise the times when there was insufficient stock to meet demand and prevent the consequential build-up of excess and obsolete items.
With a centralised view of their inventory, STS Air-Pro is able to easily make decisions regarding forecasting and replenishment. Additionally, stockouts are a thing of the past with EazyStock’s automatic risk of runout report. The automated inventory optimisation solution has helped their team pinpoint non-moving SKUs so they can slim down their inventory investment and improve overall product mix.
Read the case study to find out more and to discover how STS Air-Pro plans to use EazyStock in the future!