Case Study: Specialty Bolt & Screw reduces working capital with RELEX Solutions

Specialty Bolt & Screw Achieves Significant Reduction in Working Capital with RELEX Solutions

Specialty Bolt & Screw, a leading distributor in the fastener industry, was struggling with excessive inventory and low forecast accuracy across its global supply chain. The company turned to RELEX Solutions for unified forecasting, distribution, production, and purchase planning to improve efficiency and better align planning with market demand.

RELEX Solutions implemented advanced forecasting and replenishment capabilities, along with automated safety stock and item classification recalibration. The project was completed from May 2022 to May 2023 and delivered a 29% reduction in inventory levels, significant working capital savings, and a 15% reduction in planners’ workload, while improving responsiveness in key markets like Mexico and Taiwan.

Specialty Bolt & Screw

Matt Larsson

VP of Supply Chain Operations