Innovative Inventory Analytics Tool Helps Drive Bottom-Line Results
Company releases new Inventory Income Statement to empower demand forecasting, planning and replenishment teams to reduce costs, increase sales, and improve supply-chain efficiency.
Atlanta, GA - A leading SaaS demand forecasting, planning and analytics provider, Blue Ridge, announced today the release of the Inventory Income Statement. The company created the innovative analytics tool to provide visibility to decision-makers and replenishment buyers, driving increased profitability with better demand planning and replenishment decisions.
The Inventory Income Statement combines the most financially relevant supply-chain data in one, easy-to-view dashboard, allowing demand-planners and replenishment buyers to quickly analyze key performance indicators and make decisions considering the full impact to the company’s bottom line. “The Inventory Incomes Statement opens windows that expose the good, the bad and the ugly of every segment of a company’s inventory portfolio. If the return on inventory investment is 2.5% overall, you can bet that some pockets of items are doing much better and some are doing much worse,” stated Dan Craddock, President at Blue Ridge. Craddock added, “Replenishment buyers can now dive in as inventory investment analysts and make decisions that help drive those numbers up.”
The innovative tool comes as a new addition to the suite of complete inventory optimization solutions that Blue Ridge offers. Industry leading companies such as CVS Pharmacy, Xpedx, Burris Logistics and Shamrock Foods have come to rely on Blue Ridge as a true supply-chain partner, invested in providing SaaS solutions to reduce costs and increase sales with better inventory performance. “The things that we find that we truly love about Blue Ridge are, along with being responsive to our needs, they’ve come up with program enhancements that were designed specifically for Burris that have not only allowed us to save money, but also allowed us to better control our product,” noted Mark Williams, Business Analyst at Burris Logistics.
For more information, please visit www.blueridgeinventory.com.