Ashley Furniture
Industry: Consumer Goods, Durable Goods/ Furniture
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With over 50 years of innovation and experience in the furniture industry, Ashley Furniture is a leader in manufacturing high quality furniture products. |
Company
Ashley Furniture is the third largest home furniture manufacturing company, providing case goods, mattresses, upholstered goods and home accessories sold by 9,000 retailers.
Problem
To support rapid sales growth and product line expansion, Ashley Furniture needed a better way to forecast sales demand and optimize inventory investments, and accelerate replenishment.
Solution
The company implemented Logility Voyager Solutions and supported a 27% increase in sales with only a 3.9% increase in inventory, increased raw material turns by 24.5%, significantly improved forecast accuracy, reduced lead time 30% while delivering improved customer service, and achieved greater product availability.
Bottom Line
- Increased sales 27% with only a 3.9% increase in inventory
- Increased raw material turns by 24.5%
- Significantly improved forecast accuracy
- Reduced lead time 30% while delivering improved customer service
- Achieved greater product availability