Newfoundland Labrador Liquor Corporation Reduces Inventory While Increasing Sales
Newfoundland Labrador Liquor manages the importation, sale and distribution of alcoholic drinks to 2000 destinations and selected Demand Solutions in 2011 to manage a growing product range and increasingly challenging logistics.
Their supply chain management team describe how:
- Demand Solutions has simplified succession planning and rescued them from drowning in spreadsheets.
- Fine tune safety stocks for existing products and launched promotions for 500 additional new products
- Reduce overall inventory by 1% whilst supporting 14% growth.