COVID “Double Whammy” and How to Fix It
As presented at International Fastener Expo 2021
For a free download of the presentation, fill out the form below, and then continue scrolling to learn how Hydrian can help your business improve fill rates while decreasing inventory and excess stock!
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HOW HYDRIAN HELPS
WE ARE MORE THAN SOFTWARE OR CONSULTING – WE ARE A SOLUTION
Hydrian invented the concept of inventory optimization as a service. We engage with your team personally, every day, moving you towards mutually-set targets for fill rate, investment, customer service, and operational goals.
WE ARE THE TRUSTED PARTNER TO YOUR OPERATIONAL TEAMS, NOT A REPLACEMENT
We don’t want to replace your buyers, or anyone else on your operational teams. Instead, we grow the capabilities of those teams, and free them to focus on activities that add lasting value, rather than fighting short-term fires.
WE ARE INTEGRATIONLESS
We work with any existing system and nothing gets replaced. Our main deliverable is a daily conversation, backed up with data, between your team and our experts. So your team is reviewing purchase orders and having live conversations – not toiling in isolation with yet another technical platform they had to be trained to use.
OUR KEY PERFORMANCE METRIC IS INCREASED PROFIT
Everyone knows that higher fill rates and more inventory turns are a good thing. We break down exactly how these improvements will impact cash flow and operating profit, proving the ongoing ROI of our relationship.
IMMEDIATE AND ONGOING BENEFITS
due to greater stock availability
from fewer receipts, less backorder management
CASH AND SPACE
are freed from inventory
LESS DEAD STOCK
is not only identified but prevented
from better utilization of supplier incentives
as a stocking distributor / retailer
YOUR DAILY FEEDBACK
All of these benefits come from our simple, explicit recommendations provided on a daily basis, from real people working with your team.
INCLUDES A HOST OF FREE SERVICES TO SUPPORT YOUR FILL RATE AND INVESTMENT GOALS
ACTIONABLE INVENTORY ALERTS
Instant alerts for common inventory issues, such as extended back-orders, excess stock, and other problems that can wreck your profitability.
Reduce your total inventory investment, eliminate stock-outs, and effectively take advantage of supplier incentives.
NATIVE DAILY REPORTS
Daily purchasing recommendations from an inventory expert to achieve the aligned target goals.
React instantly to drops and spikes in demand. Dead-simple tools show how your business will look in the coming days, weeks, and months.
Monitor the impact of purchasing decisions on inventory investment, warehouse labor, and customer stock-outs. Track performance over time.
Hub-and-spoke replenishment, cross-docking, and inter-facility transfers are all included in our daily recommendations.