Optimisation of inventory management – BONAVITA
Bonavita is a leading Czech family-owned food company engaged in the production and sale of rational nutrition products. Bonavita turned to us to help them streamline their inventory management and make optimal use of their storage capacity.
35 %
We reduced capital tied up in inventory by 35% while increasing sales by 65%.
Thanks to our inventory management solution, the management of all key areas of the company has been centralized. From top management, marketing, sales, production planning to purchasing of raw materials and packaging. The main benefits were a 35% reduction in capital tied up in inventory and a 43% reduction in inventory turnaround time, clearing the warehouse of slow sellers and freeing up storage capacity. At the same time, product availability to customers increased from 96% to 99.9%, which had a positive impact on sales growth by 65%.
