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Strategic Sourcing
Strategic Sourcing, Marketing Services
Strategic Sourcing Opportunity Assessment
Savings Opportunity Assessment and Rapid Sourcing
Strategic Sourcing, Employee Benefits
Strategic Sourcing Analysis, Retail Products
Rapid Sourcing, Advertising and Marketing
Strategic Sourcing, Direct Materials

Supply Chain & Operations
Transportation Optimization
Merger Integration Synergies
Supply Chain Inventory Assessment

FEATURED CASE STUDY: SUPPLY CHAIN INVENTORY ASSESSMENT

Situation Overview

A Fortune 100 Consumer Packaged Goods company (CPG) wanted to conduct a Supply Chain Planning Inventory Assessment for a CPG division they recently acquired from a pharmaceutical firm. They wanted to validate inventory synergies for legacy products and to conduct a capability analysis. The company had already completed a due diligence analysis of inventory savings, but needed an expert to validate these initial estimates and develop an actionable plan to realize the savings.

The company's existing staff did not have the bandwidth to do this assessment internally. They needed a temporary subject matter expert that could work with their existing staff to conduct the analysis for them in a short period of time.

Solution

The company engaged OnDemand Resources to retain a temporary consultant for their project. OnDemand Resources provided the client with three screened and qualified candidates matched to their requirements within 48 hours of their request. The client selected OnDemand partner Elgin, a candidate with over 11 years of experience in supply chain management to conduct the inventory assessment for them.

OnDemand partner Elgin kicked off the project in January, and completed the analysis in May. He focused on two pre-defined inventory categories that the company identified and recognized a total of $69 million in inventory savings - $19 million beyond the pre-close company estimate. He also outlined a step-by-step plan on how to achieve the additional savings with recommendations based on industry-standard best practices.

Results

OnDemand Partner Elgin came on as a subject matter expert and identified $69 million in inventory savings - nearly 40% above expectations - and provided a step-by-step plan to achieve these savings.

Customer Quote

"Elgin did an outstanding job! He laid the groundwork with his inventory analysis which resulted in significant inventory reduction."
- Executive Director, Supply Chain Planning