A multinational electronics manufacturing company suffered from millions of variances in its inventory records due to inconsistent processes and lack of inventory control. A DSV analytics team was able to observe, document, analyze and improve the inventory problems that had hounded the company for so long. Within a few months, the team successfully accounted for a majority of the “lost” inventory. Variances improved from 39 percent to 88 percent, or between 1.6 million to 31 million items. The team continued to make improvements through re-alignment and stricter control measures. The project’s success has led DSV’s inventory analysis team to new opportunities in contract logistics, VMI operations and international freight forwarding.
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