Library

Home > Supply Chain Resources > Success Stories > Intertape Polymer Group

Intertape Polymer Group

Industry: Consumer Goods

Intertape Polymer Group (IPG) a leading tape and film manufacturer in North America, implemented Logility Voyager Demand, Inventory, and Replenishment Planning and improved fill rates from less than 70% to 95%, and increased forecast accuracy (MAPE) from 56% to 86%.

Company

Intertape Polymer Group “keeps it together” with its line of tapes, shrink wrap, and related packaging products.

Problem

Intertape Polymer Group needed to increase visibility into customer demand, rationalize a large product portfolio due to rapid growth, and improve internal collaboration.

Solution

Intertape Polymer Group implemented Logility Voyager Demand, Inventory and Replenishment Planning and improved fill rates from less than 70% to 95%, increased forecast accuracy (MAPE) from 56% to 86%, achieved a $40 million year-over-year reduction in total corporate inventory and a $13 million year-over-year reduction in RDC inventory, reduced slow moving and obsolete inventory by $10 million year-over-year, enabled IPG to cost-effectively open a Consumer Distribution Center (CDC), and significantly improved customer service levels and overall satisfaction.

Bottom Line

Improved fill rates from less than 70% to 95%
Increased forecast accuracy (MAPE) from 56% to 86%
Achieved a $40 million year-over-year reduction in total corporate inventory
Achieved $13 million year-over-year reduction in RDC inventory
Reduced slow moving and obsolete inventory by $10 million year-over-year
Enabled IPG to cost-effectively open a Consumer Distribution Center (CDC)
Significantly improved customer service levels and overall satisfaction

Back to Success Stories