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Case Study : B2B Supply Chain Compression
Warehousing and inventory costs out of control ...
Problem
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Several of our clients were having difficulty taking control of their warehousing and inventory costs. Their customer base was becoming disgruntled over the amount of time it took to get parts and equipment delivered. Their planning and procurement teams were having difficulty meeting the perceived demands of both manufacturing and customers.
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Solution
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By mapping out their business, we were able to create a corrective action plan. Our combined efforts sought to resolve these issues:
- Reduce lead times
- Reduce inventory stocking levels
- Reduce touch-points
- Lower cost-of-management
- Improve margin
- Integrate with suppliers' ERP or planning/procurement systems
In one case it was necessary to create a distributed, web-based shipping and receiving application to replace their outdated, problem ridden legacy systems.
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Benefits
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1st Realized Benefit
Within a year's time, the applications were developed, deployed internally and savings were realized within a month's time.
In another case, no programming teams were needed to fix the problems. An adjustment of the current business procedures coupled with outsourcing business to repair vendors achieved the desired results.
2nd Realized Benefit
The client realized over a million dollar savings in the first 6 months of this business re-engineering process.
We help our clients develop competitive benchmarks and performance standards, so they maintain leading edge supply chain practices.
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Futurist Cinema
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Stonegate has become Futurist Cinema's US technology partner.
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World's Smallest Film Festival
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Stonegate provided the hosting and staging of the candidates for awards in the first annual World's Smallest Film Festival
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