𝗗𝗿𝗶𝘃𝗶𝗻𝗴 𝗦𝗜𝗢𝗣 𝗦𝘂𝗰𝗰𝗲𝘀𝘀 𝗳𝗼𝗿 𝗮 $𝟰𝟱𝟬𝗠 𝗙𝗼𝗼𝗱 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗲𝗿
Beckway recently led a successful SIOP implementation for a $450M food manufacturer. The company faced challenges like low forecast accuracy, high inventory, and poor customer service metrics.
Beckway’s tailored approach delivered outstanding results:
• OTIF & Fill Rates: Improved from 42% and 81% to 97% and 98% (45% increase)
• Forecast Accuracy: Boosted from 36% to 51% (25% improvement)
• Inventory Optimization: Redistributed inventory, improving customer service
• Excess Inventory: Identified $500K in excess inventory for liquidation
• SIOP Leadership: Hired a Director of SIOP to own the process
• Efficiency: Cut manual data analysis by over 50%
Ready to transform your operations? Contact Beckway’s IBP practice lead, Dale Gulick, to learn how we can help.