Case Study: Medicom achieves $3.5 million inventory reduction with Demand Solutions

Medicom Hones Forecasts, Cuts Inventory by $3.5 Million

Medicom, a global healthcare company, faced significant challenges with its demand and inventory planning processes. Relying on spreadsheets and monthly planning cycles led to poor forecast accuracy, frequent backorders, and unsustainably high inventory levels. They sought a solution to gain better visibility, improve forecasting, and reduce inventory, leading them to partner with vendor Demand Solutions and implement its Forecast Management and Requirements Planning modules.

By implementing Demand Solutions, Medicom transitioned to a demand-based forecasting model, gaining comprehensive visibility into its supply chain. The solution from Demand Solutions delivered impressive results: forecast accuracy improved by up to 16 percentage points, backorders were reduced by 54%, and the company achieved a massive $3.5 million reduction in inventory across its divisions while significantly improving customer service levels.

Medicom

Paolo Cortina

Network Administrator