Fisher Scientific
Industry: Wholesale Distribution, Life Sciences
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Fisher Scientific is a world leader in providing tailored end-to-end solutions for laboratory, research and safety needs. |
Company
Fisher Scientific International, Inc. is a leading provider of products and services to the scientific community. Fisher facilitates discovery by supplying researchers and clinicians in labs around the world with the tools they need. Customers include pharmaceutical and biotech companies; colleges and universities; medical research institutions; hospitals; reference, quality control, process control and R&D labs in various industries; governments and first responders.
Problem
Fisher Scientific wanted to improve inventory management and better align its product portfolio to improve customer service.
Solution
Fisher Scientific reduced inventory by $5 million in the first 24 months of operation, while both revenue and customer service levels increased during the same period. The company leverages Logility's performance management capabilities to improve its overall effectiveness, enabling management by exception.
Bottom Line
- Reduced inventory $5 million in the first 24 months of operation, while both revenue and customer service levels increased
- Increased customer satisfaction for 1,500 vendors
- Enabled management by exception