ketteQ selected by Cosmetica Laboratories Inc. to Transform Inventory Management, Significantly Reduce Inventory Costs for Global Cosmetics Manufacturer
Retrieved on:
Tuesday, December 12, 2023
ATLANTA, Dec. 12, 2023 /PRNewswire-PRWeb/ -- ketteQ, a trail-blazing provider of supply chain planning and optimization solutions that deliver break-through levels of supply chain operating and financial performance, today announced its solutions are being deployed by Toronto, Canada-based Cosmetica Laboratories Inc. to transform inventory management for the global cosmetics manufacturer.
Key Points:
- Our breakthrough solutions streamline workflows, improve demand forecasting, and reduce excessive inventory, making us the preferred choice," said ketteQ CEO, Mike Landry.
- The make-to-order cosmetics manufacturing company faced challenges with inventory forecast accuracy and managing varying lead times on materials, leading to excess inventory costs and longer, less predictable lead-times.
- ketteQ will implement several solutions in multiple phases for Cosmetica starting with demand, inventory, and supply planning.
- ketteQ also has grown its team, appointing several renowned industry leaders to its expanded Board of Directors and Leadership Team.