The whole purpose of this project was to achieve a more refined product range and a higher level of availability. “Achieving a reduction in inventory reduction is not the goal as such. It is more important that we get most out of the time and space available to us and that we obtain a better product range as well as a higher level of availability. In any case, it would be difficult to reduce the volume of stock we hold as the free space would be immediately occupied by another article. Through utilizing Slim4, we have a clear view of the consumption rates of each of the different product categories, and we can easily determine which articles are the most important to keep in stock. Another advantage is that, when phasing out an article and replacing it with a new one, we can use the historic demand as a starting point to determine the profile of the new item,” explains Peter Swinnen.
By using Slim4, Peter Swinnen and his team are now better positioned to respond to the demands of the internal customers. “Previously, the department of intensive care received a list from the Microsoft Dynamics Axapta ERP system showing the behavior of their twenty main products. They used it to keep monitor their consumption rate of article. Extracting the same information from SAP did not turn out not to be as easy. It took a lot of work to adjust, group, and filter the data. In contrast, with Slim4, all this data is within easy reach. By using a simple Excel tool, the departments receive the required data from Slim4, allowing each team to create a summary of the most important items, both in terms of volume and value. Being able to work with Slim4 in this way has exceeded all of our expectations.” concludes Peter Swinnen.