With the demands of the new markets, Ochoa Lacar faces increased competitiveness as well as a much larger range of products to manage. Given the high cost of handling iron and its derivatives combined and the rising cost of other raw materials, the business needed to strengthen its supply chain. Ultimately, the business could no longer rely on the min/ max functionality within their Navision ERP system.
Bernardo Turrilas, Chief Financial Officer at Ochoa Lacar explains: “We became increasingly aware that our min/max system was no longer sufficient. The existing system could only be applied to products with a long history of stable demand. However, these types of articles represent only a small part of the 18,000 articles that make up our assortment. This way of working generates high inventory levels and a poor level of service.”
“When we were introduced to the Slimstock’s Slim4 solutions, we were impressed by the tool’s capability to build robust forecasts for all of our products; regardless of whether they had regular, regular, slow or seasonal demand patterns. We were also impressed by how easily Slim4 would integrate with our Navision ERP solution,” adds Bernardo Turrilas.