Purchasing Manager cuts excess inventory and has peace of mind

Summary

The challenge

When the Danish Eegholm Group came to us, they had an overriding problem:

They had too many items in stock and too much capital tied up in inventory because Eegholm’s data was too static, and therefore, employees could not react in time to changes in the market. Another practical headache was the manual handling of data in Excel, so Eegholm lacked specific methods and tools to analyze the inventory and act on it.

The solution

In addition to an ongoing collaboration with Inact consultants, Eegholm chose the Inact Now platform, which makes daily and nightly inventory calculations, automatically intercepts changes in data, and notifies Eegholm employees so they can make appropriate adjustments to the inventory before it’s too late.

The result

In addition to better collaboration within the organization and peace of mind for Purchasing Manager Kenneth Krogh Jakobsen, Eegholm achieved incredible CFO-friendly results in just 12 months:

The stock value has been reduced by DKK 18 million, the turnover rate has increased by 37%, and Eegholm is much quicker to adjust its planning parameters when changes occur in the market.

About the case

Excess inventory led to poor sleep and manual work

Satisfying both Sales and Finance

More than just Software-as-a-Service

Fewer meetings and better collaboration

Eegholm Group

Lasse Berg

Chief Commercial Officer

lb@inact.io
+45 2067 0690

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