Procurement & Inventory optimization

Project Summary

India’s leading Glass bottle manufacturer engaged CII to optimize Inventory that will enable to plan Warehousing space and outbound freight

Project scope

  • Inventory management of multiple SKUs amidst inherent challenges of the continuous production process
  • Address Breakage loss in storage and transit
  • Benchmark procurement spent on raw material and packaging with ways to achieve savings

Benefits

  • Inventory levels brought down by 40% by multi-pronged strategy including outsourcing production of low volume SKUs and increased collaboration with Customers
  • Breakage reduced by 20%
  • Raw Material consumption reduced by the introduction of an innovative packaging solution