Case Study: Toyota Industries Corporation achieves centralized inventory control with Syncron Inventory

Toyota Industries Corporation cuts stock and air costs with Syncron Inventory

Toyota Industries Corporation (TICO), a major Japanese manufacturer, faced challenges with its outdated, manual inventory control processes. Their previous system relied on Excel for order calculations and KPI tracking, which was unsustainable and overly reliant on manpower. TICO needed to improve its approach by adopting a new ERP system, specifically for a new material handling equipment sales organization in Brazil. They implemented Syncron Inventory to address this need.

Syncron provided a cloud-based solution with automated stock level functionalities and specialized inventory control for after-sales spare parts. This allowed TICO to easily set stock levels at a higher performance than expected, with a low implementation cost. As a result of piloting the solution in Brazil, TICO experienced a reduction in stock and air freight costs and gained a better understanding of service levels. These positive results have prepared TICO to roll out Syncron Inventory as a standardized metric across the organization to raise global inventory control levels.

Toyota Industries Corporation