When Belloc Group decided to concentrate and centralize inventory from its two warehouses into a single facility, it faced the challenge of determining an inventory strategy, optimal inventory levels and operating procedures for the new warehouse. Atos Origin, a leading international IT services provider, and ToolsGroup joined the project.
The challenge was to identify stock levels that optimized service levels and reduced inventory costs. Atos Origin combined its logistics experience from similar projects with ToolsGroup’s SO99+ advanced statistical software for stock optimization. This project demonstrated how a partnership between Atos Origin and ToolsGroup allowed Belloc to define an inventory strategy that gave it a competitive edge.
By generating synergies through stock centralization and identifying and optimal inventory targets, Belloc was able to both reduce fixed assets and simultaneously improve service levels. Specifically they: