Use Case | Fortune 500 Global CPG Company
Verusen helps Fortune 500 Global CPG company identify $59M+ in working capital & risk reduction opportunities
4 Minutes
Average time spent reviewing material recommendations
$14M
Verified savings realized
$59M
Working capital optimization opportunity
672
At-risk materials identified
Our Client
A Fortune 500 CPG company with operations across the globe.
Key Business Needs
- Company has grown through multiple acquisitions
- Consolidating MRO data into a single location instead of multiple, disparate ERPs
- Reducing working capital across all sites is top priority
- Reduce duplicate inventory and spend across business units
- Easily locate parts and materials with an easy to use tool
- Drive consistency in inventory management & process across all sites
Business Challenge
- Visibility into materials inventory across disparate systems and data types
- Creating organizational alignment
- Improving asset reliability
- Increasing productivity
- Driving cost savings
Solution
With the Verusen solution, our client gained the visibility they needed to better understand their MRO materials across multiple global sites, enabling them to drive organizational alignment and engineered reliability.
The identification of cost saving and cost avoidance opportunities allowed this client to more strategically purchase materials without risking production uptime.
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“The Verusen solution found the critical parts we needed to get our assets up an running in 3 days instead of 4+ weeks, saving us millions.“
- Reliability Manager | North America