Case Study: LockNLube streamlines supply chain operations with ElevatIQ

LockNLube cuts system footprint by 50% with ElevatIQ

LockNLube, a distributor of equipment for machine maintenance and repair, faced significant inventory and supply chain challenges due to operating across more than 20 fragmented systems. This lack of integration resulted in no visibility into up to $500K of inventory, duplicate administrative efforts, and no operational confidence for growth. They engaged the vendor ElevatIQ for a digital transformation roadmap and business process re-engineering to address these issues.

ElevatIQ implemented a comprehensive solution that included building new process and system architectures, designing new inventory reconciliation models, and re-engineering the B2B sales process. As a result, LockNLube consolidated its system footprint by 50% and improved inventory forecasting accuracy by 20%. The project led to potential savings of over $300K and reduced internal opportunity costs by 70%, providing a strong foundation for future growth.

LockNLube