Case Study: Leading Health Foods Manufacturing Company achieves 35% reduction in inventory costs with ConverSight

How a top manufacturer and distributor of health foods optimizes inventory processes with ConverSight to reduce inventory costs and optimize cash flow

Leading Health Foods Manufacturing Company was struggling with surplus on-hand inventory for some products while simultaneously facing shortages and expired goods for others, driven by poor visibility into aging stock and seasonal demand swings. ConverSight was engaged to address these challenges using its Advanced Visibility, On-Demand Insights and Smart Forecasting capabilities.

ConverSight delivered real-time, location-level visibility, tracked seasonality to recommend safety stock, and provided proactive forecasting and inventory metrics, resulting in a 35% reduction in inventory costs, 15% reduction in expiring inventory and a 10% month-to-month cost decrease, while increasing revenue and cash flow. ConverSight also helped identify and remove non-moving inventory, enabled automated, data-informed purchase orders, and improved the customer experience.