Boshart Industries reduces inventory by 10% with the help of Slimstock
The Canadian manufacturer and distributor of plumbing, heating, irrigation and water well supplies to increase its Fill Rate, reduce obsolescence, and decrease inventory by 10% with the help of Slim4.
Boshart Industries, founded in 1955 as a family business dedicated to plumbing installation, has evolved into a leading master distributor of PVF (pipes, valves and fittings) in Canada and the US. With 3 distribution centres spanning both countries, Boshart ensures a fast, top-quality service to support various industries, including plumbing, water well, industrial, HVAC, waterworks, irrigation, and pool and spa.
Implementing Slim4 into Boshart’s operational processes was a strategic move that promised financial and operational advantages. Working closely with Slimstock, the company established a clear and comprehensive structure to incorporate the software effectively. The purchasing staff played a crucial role in the implementation from the outset, assuming delegated roles and responsibilities.
“The introduction of Slimstock’s forecasting capabilities enabled the company to make data-driven decisions rather than relying on intuition. The softwares order generator function facilitated the creation of meaningful and easily manipulable reports in Excel format.”
Murray Dickson | Senior Manager of Operations | Boshart Industries
Despite the recently challenging global situation, which caused some turbulence during the initial years of using Slimstock’s technology, Boshart Industries has experienced significant benefits. The most notable achievement has been a 10% reduction in inventory, resulting in improved Fill Rate metrics while decreasing the capital invested in inventory.
“We observed a downward trend in obsolescence and slow-moving inventory,” Dickson added.