industry
Retail & Consumer Products

Protective Solutions needs to protect against inventory challenges​

Key metrics:
  • Increased EBITDA by $7.8M.
  • Reduced inventory costs by $55M.
  • Improved order fill performance from low 80s to >95%. ​​​
Value levers pulled:
  • Inventory management
  • Cost reduction
  • Workforce optimization
  • Process improvement

Picture this...

You’re Protective Solutions, a Division of the Hillman Group, and a leading provider of personal protection and work gear products. You offer a broad portfolio ranging from knee pads, tool belts, job site storage, and work gloves that help deliver innovative solutions to the home, automotive, and hardware industries. Before the pandemic, you had been experiencing consistent growth. And while your growth continued in the pandemic era, the absence of a planning model in your current software means you have to rely on an Excel model for supply chain planning. This leads to challenges in inventory management (an improper mix of products), compounded by material shortages, underutilization of an MRP engine, and inadequacies in your planning and procurement processes. Your customers are unhappy—and you need help. ​

You turn to Accordion.

We partner with your team to execute a plan: implement an MRP engine, cleanse your data, improve order fill performance and inventory-related processes, and automate manual tasks. Specifically, we:

  • Implement CloudAnalytics by integrating it with current systems
  • Review and cleanse all demand and supply data for accuracy
  • Develop a customer-responsive planning process
  • Automate purchase and work order generation
  • Provide comprehensive user training on maintenance and supporting tools.

Your value is enhanced.

You overcome your inventory challenges and ultimately increase EBITDA by $7.8M.

Enhanced value:

You reap multiple benefits, including:

  • Reduce inventory costs by $55M
  • Eliminate 3 FTEs at $245k/year
  • Improve order fill performance to reach >95% (from low 80s)
  • Eliminate fill rate penalties.
  • Increase sales revenue growth.​​​