Reducing Inventory Costs and Ordering Time Through Supplier Collaboration
Source: MindTree Consulting
One of the world's largest manufacturers of consumer goods demanded a more efficient supplier collaboration system. MindTree Consulting developed a Web-based solution, which streamlined the client's raw and packaging material ordering process. The client was connected to its 200+ strategic suppliers by a standard platform. The system subsequently reduced inventory costs and ordering time. Furthermore, the heightened transparency afforded by the solution enhanced the client's relationships with its key suppliers.