Searching for the perfect match
When Tiger Auto Parts needed to expand, they identified freeing up working capital tied up in inventory as a way to fund it. However, they had to keep their customers happy while growing, so service levels needed to stay high. Realizing this ambition required Tiger Auto Parts to refine its forecasting and supply planning, as many of the parts they stock have extended lead times. And, as if that wasn’t enough, they also had the opening of a third branch in Brampton, Ontario, to plan for.
Tiger Auto Parts CEO John Sakhi and COO Mike Younos had recently overseen a transition to a new warehouse management system to help make these changes. However, their planning and inventory management processes were still dependent on Excel spreadsheets, home-grown custom software, market knowledge and instinct.
Mike and John agreed that a more professional forecasting approach was needed for Tiger Auto Parts, so they set out to find a solution that could serve as the buying brain for their successful company. They needed a solution that was ERP agnostic, delivered quick ROI, and could be implemented quickly. They found all these things and more in Slimstock.