CooperVision is one of the world’s leading manufacturers of soft contact lenses and is dedicated to lens design, materials and manufacturing excellence to enhance the comfort and wearing experience of every customer.
CooperVision needed to gain global visibility into inventory, supply plans and demand plans across a large portfolio of products.
CooperVision implemented Logility Voyager Solutions and gained global supply chain visibility, increased SKU-level forecast accuracy, reduced inventory levels and advanced the corporate sales and operations planning (S&OP) process.
- Increased SKU-level forecast accuracy
- Improved planning process through better visibility and analysis of sales and forecasts
- Reduced excess and obsolete inventory
- Decreased inventory months on hand from 20 to five in one product family
- Advanced the S&OP process with more accurate inventory targets, projected inventory balances and manufacturing requirements
- Improved inventory turns by 20%
- Increased service levels by 10 points in priority product families