Springpack’s Supply Chain Transformation: Achieving Efficiency and Sustainability with Slim4

Use Case

Transforming the Inventory Experience – Brooks Brothers

Retail

Having the stores be able to see their variance from the book count in the moment was amazing.” Goals/Objectives: Seek flexibility in inventory counts, departing from inconvenient third-party provider schedules. Adoption of Self-Scan Innovation: Embrace a self-scan solution to simplify the inventory process. Solution Deployed: Deployment of Datascan's Self-Scan System for a modernized and efficient inventory management process. Comprehensive Customer Support Service to ensure success in inventory counts and issue resolution. Customizable Reporting System: Deliver a tailored reporting system, allowing client to obtain precise information for efficient inventory management. Benefits: Streamlined Scheduling with Flexibility and Customizable Solution According to the Requirements. Self-scan solution, though initially met with skepticism, proved easy to use with custom training for store associates. Real-time reporting enabled prompt issue resolution, and final shrink numbers became available within days, a significant improvement over weeks. Strategic Fiscal Year Planning helps in moving inventory closer to fiscal year-end, simplifying the process, and ensuring accuracy.

Use Case

Springpack’s Supply Chain Transformation: Achieving Efficiency and Sustainability with Slim4

Packaging Industries

Springpack’s Supply Chain Transformation: Achieving Efficiency and Sustainability with Slim4 We carry far less excess, and our stock turn has increased to over 4.8, exceeding our original target by 20%." James York" Project Scope For over 45 years, Springpack has provided businesses with cost-effective and efficient packaging solutions, offering everything from bespoke cardboard boxes to personalized tape. Committed to maintaining industry-leading service standards, Springpack embarked on a business-wide optimization initiative as part of their 5-year plan, with supply chain innovation being a top priority. James York, Managing Director, emphasized the importance of having the right stock to meet customer packaging needs while adopting sustainable business practices to reduce carbon emissions and eliminate waste. Why Slimstock? Springpack took bold steps to build a greener operation, rethinking their sourcing strategy and implementing a more sustainable delivery program. Mark Clements, procurement director at Springpack, highlighted their continuous pursuit of smarter ways to work. To establish effective supply chain processes, Springpack partnered with Slimstock, whose supply chain optimization platform, Slim4, was chosen for its ability to support the complexities of their supply chain while integrating seamlessly with their existing ERP, Netsuite. James York, having seen Slim4’s results firsthand in a previous company, was confident that Slimstock was the right partner to achieve their ambitious supply chain KPIs. Challenge Springpack’s team previously managed inventory levels manually, which was labor-intensive and prone to errors. To maintain their 5-star service standard amid business growth, they needed to bring science to their supply chain processes. As Covid-19 disrupted global supply chains, it became crucial for Springpack to stay focused on their supply chain and sustainability goals while quickly adapting to immediate challenges. Solutions Responsive Supply Chain Management Slim4 allowed Springpack’s planning team to respond swiftly to evolving market conditions by automatically recalculating order advice as parameters changed. This ensured a balance between flawless availability and optimized costs. Slim4 eliminated guesswork from the ordering process, helping Springpack maintain the right stock at the right time, leading to a service level improvement to 98% across their most important product lines.