To establish a solid foundation for further innovation, Kompan will join forces with the inventory specialists, Slimstock. Through boosting operational efficiency, Slimstock will help the team at Kompan to unlock working capital which, can be reinvested into other areas of the business.
Explaining the strategic move Henning Nør Hansen, supply chain operations director at Kompan adds: “Innovation sits at the heart of our business and we are always looking for ways we can make life better for our customers. For this reason, we are investing in both our people and technology to ultimately improve the performance of our supply chain.”
As part of a wider business review of their existing processes, Kompan will enrich their IT infrastructure with Slimstock’s inventory optimisation solution, Slim4. With an initial focus on optimising inventory at the Kompan’s manufacturing and warehouse facility in the Czech Republic, the team at located at the HQ in Denmark will utilise Slim4 to optimise their approach to inventory management. Henning Nør Hansen goes on to add: “To achieve our customer satisfaction goals, Slim4 will help up to improve product availability while simultaneously reducing overall inventory levels.”
Peter Malling, Commercial Director at Slimstock Denmark concludes: “Given Kompan’s global reputation for both innovation and creativity, we are excited to support the business as they pursue their efficiency improvement objectives. Given that both Kompan and Slimstock, share the same passion for customer satisfaction, I look forward to establishing a long-lasting partnership.”