CV Vooruit: Enhancing Service, Stock Levels Improves Profits

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Executive Summary

CV Vooruit, a renowned pharmaceutical company headquartered in the Ghent area in western Belgium, owns 36 drugstores. Keeping inventories at an optimal level is an extremely difficult exercise - even more so when there are 10,000 pharmaceutical products involved, with each of them following a different demand pattern. Since implementing SAS for forecasting and inventory replenishment planning, CV Vooruit, a major Belgian pharmaceutical distributor and retailer, is making much more precise forecasts. As a result, its costs for maintaining inventories have dropped significantly.

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