Case Study: Quip achieves $17M inventory reduction and 150% productivity boost with ketteQ

Quip reduces inventory by $17 million with ketteQ

quip, an innovator in the dental care industry, faced challenges with its rigid legacy supply chain planning system as the company experienced rapid growth. This system struggled to manage their unique dual-demand structure of predictable subscription orders and variable new sales, leading to suboptimal fill rates and excess inventory. To address this, quip partnered with ketteQ and implemented its PolymatiQ™ Solver solution for adaptive supply planning and inventory management.

ketteQ's solution created two distinct forecasts for subscription and new sales demand, leveraging AI and predictive analytics to dynamically adapt to market changes. This enabled quip to achieve a $17 million reduction in inventory and a 150% increase in planning productivity. The improved forecasting accuracy also enhanced fill rates for more reliable customer deliveries, positioning quip for continued growth.

Quip