Case Study: Laboratory Equipment Manufacturing Company achieves 21% inventory reduction, 27% higher turns and 25% shorter lead times with Upland Software

Laboratory Equipment Manufacturing Company - Customer Case Study

A global Laboratory Equipment Manufacturing Company (LEM) with about 39,000 employees that supplies hospitals, research labs and pharmaceutical customers had outgrown its in-house electronic Kanban system. LEM needed to scale faster when forecasts shifted, increase supplier participation and streamline processes by integrating a more robust solution with its ERP.

LEM implemented Ultriva’s Lean Suite and Collaborative Supply Portal with Electronic Kanban, integrating with their ERP in four weeks. The web-based portal gave suppliers a shared real-time view and enabled collaborative communication of orders, changes, forecasts and receipts, leading to a goal of 90% supplier adoption, a 21% reduction in inventory value, a 27% increase in inventory turns and a more than 25% reduction in supplier lead times.