Case Study: Shamir Optical reduces inventory by 25% while maintaining 99%+ service levels with ToolsGroup

Shamir Optical cuts inventory 25% while maintaining 99%+ service levels with ToolsGroup

Shamir Optical faced a significant challenge managing its decentralized global supply chain, which had low visibility and required very high inventory levels to prevent costly stockouts. The company, which has over 200,000 SKU-locations with many slow movers, sought to protect its 99% service level while finding efficiencies. They partnered with vendor ToolsGroup for its proven inventory optimization solution.

ToolsGroup implemented its demand planning, inventory optimization, and replenishment solution, which centralized Shamir's planning. This provided the needed visibility and enabled a new multi-echelon sourcing model. The results were impressive: a 25% reduction in inventory levels while maintaining 99%+ service levels. ToolsGroup also helped Shamir reduce average stockouts from 600-700 to under 200 and manage a network that grew from 8 to 35 sites without adding planners.

Shamir Optical