50%
Reduced excess stock
Industrial components
Innovate and accelerate your industrial supply chain
One-fifth of Slimstock’s client base come from the industrial components sector, each benefiting from our Slim4 platform which helps to manage large product assortment by exception, optimise purchasing, and simplify ordering.
99%
Availability rates
PROVEN IMPACT ON AVAILABILITY, INVENTORY & SERVICE LEVELS FOR SOME OF THE BIGGEST NAMES IN INDUSTRIAL COMPONENTS
The trusted partner for the industrial components sector
Optimise your industrial components supply chain from end-to-end
Slimstock’s Slim4 platform enables industrial component companies to optimise inventory as part of a holistic approach to supply chain optimisation.
- Improve efficiencies: forecast and procure with precision to optimise resources and costs.
- Reduce working capital: maximise availability and sales without overstocking.
- Enhance customer satisfaction: ensure constant availability through AI-driven forecasting.
Overcome today’s industrial component supply chain challenges
Slim4 addresses the unique demands of the industrial components sector, ensuring you break away from traditionally manual and rigid processes.
Lead times
Challenge
The nature of industrial components creates long lead times, making any disruption even more detrimental to customer availability and satisfaction.
Solution
Slim4 analyses real-time data as well as historical trends to better anticipate disruptions and their impacts, so you can be agile and optimise lead times.
Product costs
Challenge
Product costs are increasing, with providers wanting to avoid shifting those costs on to the customer.
Solution
Slim4 optimises from end-to-end, ensuring that ultimate margins are always maximised. This reduces the likelihood of shifting that cost burden to the end customer.
Product assortments
Challenge
Large product assortments and vast SKU volumes make it more complex to manage stock at a granular level.
Solution
Slimstock helps clients manage large product assortments by exception, helping to prioritise according to real-time demand, and sales value.
Forecasting
Challenge
High working capital is often tied up in expensive inventory, not helped by long lead times.
Solution
Inventory handling and storage is always optimised according to real-time capacity and capability, reducing costs associated with each item across its lifecycle from supply to delivery.
Customer demand
Challenge
No matter how long the lead times are, the most critical challenge is ensuring available stock to meet demand.
Solution
Slim4’s AI- and machine learning-driven forecasting and planning functions make sure you’re able to meet customer demand without overstocking and creating additional overheads.
Legacy technology
Challenge
The management of sometimes thousands of SKUs has traditionally been done manually via inefficient and error-prone spreadsheets.
Solution
Slim4 serves as a dynamic, innovative, AI-driven set of tools to help avoid overstocks, stockouts, lost sales, and obsolescence.
Slim4’s key features for industrial components
Slimstock’s holistic platform provides powerful, industry-specific tools to transform supply chain planning and execution for the industrial components sector.
Slim4 optimises replenishment and supply processes across the logistics chain, with automated purchase decisions ultimately contributing to availability rates of up to 99%. For decision-makers, an exception management to-do list further optimised resource allocation and workflow speed.
Slim4’s tactics modules helps to optimise stocking policies and simulate the impact of alternative service level targets.
Product lifecycle (PLC) manager
From launch to discontinuation, industrial component PLC management requires data-driven automation to reduce excess and avoid obsolescence. Slim4 helps to reduce excess stock by up to 50%.
Advanced forecasting models are tailored to different demand patterns, allowing for more accurate predictions that factor in potential disruptions and long lead times.
Slim4 reduces inventory levels between 10-30% without risking availability. Source, assort, locate, and store in an optimised way to segment efficiently, reduce manual workloads, and maximise profits.
Slim4’s BOM and production planning functions ensure complete synchronisation between initial raw material decisions, and the finished products required.
Kick Start Your S&OP in 90 Days
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Testimonials from the industrial components industry
See what our customers think
10%
inventory reduction across 40 branches
4%
availability improvement
Automated planning process
"With Slim4, we boosted our availability by over 4% while reducing inventory by more than 10%."
Victor Aguayo
Supply Chain and Logistics Manager
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can
See Slim4 in action
From our customers to you
Game-changer for our Supply Chain performance.
Once we had decided on which Supply Chain planning software you implement, it was a relatively straightforward implementation. We had great support from the Slimstock implementation team throughout the whole process.
Slim4 has helped us centralize our purchasing, which has led to less time spent overall when it comes to purchasing.
At the same time we have increased our service levels to customers by several percentage points while keeping our stock levels low.
Slim4 was an easy tool to learn with an intuitive interface.
The team was quite hands-on in getting the implementation done as efficiently as possible and the results were quite evident from the get-go.
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