Infineum, a world leader in the formulation, manufacture and marketing of additives for the fuel and lubricant industry, embarked on a supply chain transformation initiative and shared their advice on three components of success; people, process and tools.
- People are the most important component of success. Ensure the team is motivated to invest the time to learn and embrace new processes and technologies. Each individual is an ambassador to motivate the rest of the team.
- People drive the process and only through process change can you move beyond the status quo. The process must align with corporate objectives and have the buy-in of the team. For Infineum, this was the start of its sales and operations planning (S&OP) process to drive greater customer service while reducing the imbalance between supply and demand.
- Adoption of advanced technology (tools) is essential to stay ahead in today’s competitive landscape. Infineum has turned to Logility Voyager Solutions (read more) to improve the company’s inventory targeting system and reduce working capital while enhancing service levels.
Additional Reading:
- eBook: The Inventory Optimization Handbook
- White Paper: Getting to S&OP Success
- Press Release: Infineum Selects Logility to Optimize Supply Chain Performance
Written by
Henry Canitz
Short bio
Product Marketing Director Hank brings more than 25 years of experience building high performance supply chains. This experience includes evaluating, selecting, implementing, using and marketing supply chain technology. Hank’s graduate degree in SCM from Michigan State, numerous SCM certifications, diverse experience as a supply chain practitioner and experience in senior marketing roles with leading supply chain solution providers helps him to bring a unique perspective on supply chain best practices and supporting technology to the Voyager Blog.
