Collateral:Ace Hardware Transforms Its Supply Chain and Reduces Replenishment and Safety-Stock Inventory by $27 Million

Brief Overview

As Ace Hardware expanded globally, its replenishment needs became more complex. The company sought a scalable, advanced replenishment planning solution that would enable it to support time-phased demand forecasting, along with multi-echelon and multi-tier planning capabilities, for its domestic and import vendors.

Benefits include:

• Reduced inventory by $27 million, including an $11 million decrease in import inventory due to redeployment of safety stock and a planned reduction of $16 million in domestic safety stock
• Increased service levels for imported products
• Decreased space requirements at its redistribution center, resulting in annual savings of $475,000

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