Fuel and petroleum equipment co. needs to fuel improvements in inventory and demand planning

Picture this...

You’re a world-class petroleum equipment distributor, fuel systems construction contractor, and leading provider of fuel handling systems who has just consolidated inventories from different branch locations to a centralized hub. You’ve also recently implemented the Microsoft NAV ERP system, but you’ve run into issues that resulted in rushed training and an expedited “go live”. All in all, poor system settings and lack of training drove increased inventory costs (+$24M), created excessive stockouts, and left users with no standard processes. You need to fuel improvement.

You turn to Accordion.

We partner with your team to develop demand planning and inventory optimization processes, implement a comprehensive business-wide stock strategy, reduce inventory levels, and eliminate stockouts. Specifically, we: ​

• Dig into your business’ stocking strategy and align it with customer expectations, thoroughly reviewing and cleansing system data to reflect vendor capabilities and requirements accurately.​
• Develop a future state planning strategy considering inventory adjustments and space requirements. ​
• Adjust Microsoft NAV system planning parameters and rigorously evaluate them for functionality. ​
• Establish standard work procedures to facilitate user training for daily operations and ensure ongoing maintenance.

Your value is enhanced.

Your savings tank is now full. You successfully:​

• Achieve an inventory reduction of $6.3M in the first six months.​
• Generate a recurring benefit of $3.3M.​
• Improve productivity, resulting in $415K in savings.​
• Drive first trip completion rate up to >85% (a 21% increase). ​
• Reduce stockouts by 94%.​
• Standardize processes and improve overall company morale.