Blue Ridge slashes inventory levels by 25 percent
Blue Ridge is a supply chain planning (SCP) solutions specialist serving companies in the distribution, retail, and manufacturing sectors. The SCP vendor combines demand & supply planning, multi-echelon inventory optimization (MEIO), sales & operations planning (S&OP), price optimization & management (PO&M), and business intelligence (BI) capabilities into one unified platform. Nucleus interviewed several Blue Ridge customers and found significant time and cost savings across various supply chain management procedures. Some notable benefits reported are a 99.2 percent service-level rate, 90 percent time savings in purchasing procedures, and a $3.1 million cut in operational costs due to reduced inventory levels. With Blue Ridge’s dual SCP and price optimization approach, customers are well-positioned to create optimal procurement, pricing, and service-level strategy.