Use Case: Paper Company | Top 3 Pulp & Paper Manufacturer
Verusen helps Top 3 Pulp & Paper company identify $100M in savings opportunities in less than 45 days
$100M
Identified savings opportunities < 45 days
$40M
Working capital reduction in < 1 year
$20M
Verified savings opportunities in < 90 days
8X
Return on Investment in < 1 year
Our Client
One of the world’s leading manufacturers of paper, tissue, pulp, packaging, building products and related chemicals
Key Business Needs
- Optimize asset strategies
- Right size inventory stock levels
- Reduce supply risk and assure supply to support facility reliability (i.e improve OEE)
- Ensure lowest total cost of ownership for MRO materials supporting manufacturing
Business Challenge
- Poor data quality and management process
- Carried an excess and growing amount of incorrect MRO inventory
- Team of 5+ resources dedicated to driving inventory strategy
Solution
Verusen’s platform aggregated supply and material data from multiple SAP/EAM systems simultaneously.
Additionally, our client was able to unify supply operations, procurement, finance and IT strategies.
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“Verusen created our intelligent, self-learning materials management solution to transform our future supply network.“
- Top 10 Energy Supply Chain Executive