Simulations help with inventory decisions
KAISER + KRAFT takes advantage of Slim4’s advanced simulation functionality to explore the effects of various influencing variables within a few minutes; something which was especially helpful in times of the Covid pandemic. Delays in the supply chains as well as raw material shortages and price increases have a major impact on the entire KAISER + KRAFT range. “With the help of Slim4, we can clearly see the effects on our inventory. For example, if the delivery is delayed from 12 to 20 weeks. Based on these simulations, we can then make inventory decisions at an early stage and also keep an eye on the monetary impact.”
Initially, KAISER + KRAFT mainly used the standards tools in Slim4. But since going live, the company has implemented some additional modules. As a result, the business can now make more informed product range decisions as well as calculate EOQ all within Slim4.
With just a quick look at the number of articles, it is clear to see how efficient the new software is. At the beginning of Slim4, 10,000 articles were looked after by 3 users. Within three quarters of a year, the number of articles rose by 60%. However, the planning is still managed by just 3 users.
“This efficient control is only possible thanks to Slim4,” emphasizes Hezinger. “All of our colleagues enjoyed working in Slim4 and of course they also see the added value for their work.” Hezinger To this end, he involved his team at an early stage in the selection of suitable software. “In the meantime, of course, all colleagues are working in Slim4, trying out new applications and always bringing new ideas to the weekly meetings,” continues Hezinger.
Based on the positive experience that Hezinger and his team have had with Slim4, the solution is now being rolled out as the leading inventory management tool in its sister companies and in all KAISER + KRAFT countries. Slim4 is now in use at 6 warehouse locations. In the future, Slim4 will also be used at KAISER + KRAFT’s own production site and will precisely calculate when raw materials must be available to be able to serve the end customer order on time.
After nine months of working with Slim4, Hezinger sums up: “We now plan based on the real numbers. Inventory management is no longer done with Excel lists.”
He currently spends 2-3 hours a week adjusting reports and helping new colleagues in the European branches to get familiar with Slim4. He really appreciates the fact that Slimstock is internationally positioned and has offices in almost every country in which KAISER + KRAFT is active.