The client is a luxury jewelry & accessories brand. The business had a great margin but was suffering from cash flow constraints operationally. Production & Fulfillment inefficiencies, along with a ballooning inventory were draining the company’s cash.
After an initial deep dive, we outlined a plan to control inventory and streamline production scheduling.
The client described their problem/pain point as order fulfillment. They were filling orders late and getting worse. Our deep dive revealed the root cause of their issues was improper inventory control leading to overstaffing, improper production scheduling, and late fulfillment all of which had a major negative impact on bottom line.
Our Deep dive revealed several large opportunities including establishing ﬁnancial plans, correcting inventory & purchasing process, and implementing a weekly P2P check in with established performance and ﬁnancial metrics.