Flowtech reduces stock by 25% without impacting service levels
Flowtechnology is the “Premier” catalogue provider for Fluid Power and Industrial products within the UK and the Republic of Ireland. Their business philosophy is that they want to be “Number 1 for Service”. Due to continuous growth, it became difficult to determine the optimum balance between working capital and service levels.
In addition, their existing systems were very manual in nature, which resulted in large numbers of man hours being spent on optimising stock, with substantial potential for error.