Beeswift

As a business that has seen significant growth, Beeswift recognised the need to elevate its planning capabilities with an advanced supply chain platform. To improve operational efficiency, increase service levels and optimise its working capital investment in stock, the PPE specialist joined forces with Slimstock.

Ben Baldwin, COO at Beeswift, adds “We had some fairly simple forecasting within our business, enhanced by a great deal of insight that our team has developed over many years. However, this process was time consuming. We were looking for a platform that could deliver more and would work with our industry norms such as seasonality and sizes of product within a range.”

By adopting Slimstock’s supply chain planning platform, Beeswift has unlocked impressive results:

• 5% increase in on-shelf availability while reducing working capital tied up in stock by 47%.
• 207% stock turn increase.
• Significant improvement in operational efficiency

Simon Cooke, Logistics Systems Manager at Beeswift, adds: “With the implementation of Slimstock’s platform, we can make more informed decisions. As a result, we can now concentrate our efforts on the right items, proactively avoiding excess stock and mitigating the risk of obsolescence.”

Stock value down, Service levels up

With the adoption of Slimstock’s solution, Beeswift has reduced the stock value by 47% while increasing on-shelf availability by 5%. Simon explains: “We used to make decisions based on limited visibility. With the insights provided by Slimstock, our team can quickly visualise the data to determine the best course of action.”

The Logistics Systems Manager highlights: “We now have more time to invest in process optimisation and to collaborate with the wider business. Furthermore, Slimstock has played a pivotal role in helping us to fine-tune our service level strategy. By striking the perfect inventory balance, we have achieved a 207% increase in stock turn while significantly reducing excess stock levels.”

Empowered Decision-Making

Beeswift is now collaborating with Slimstock’s supply chain experts to enhance its data analysis and reporting capabilities further. Simon adds: “Slimstock’s Business Intelligence (BI) studio provides deeper insights into our supply chain performance, helping us identify and proactively address supply chain disruption. Creating better visibility into our stock movements will enable us to drive further performance improvements.”

Open communication and effective project management have marked the collaboration between Beeswift and Slimstock. Simon highlights, “With clear milestones, the project stayed on track, ensuring the smooth adoption of Slimstock’s platform. Communication is always transparent. And the comprehensive training programme ensured we hit the ground running.  

“Since implementing Slimstock, we have been delighted with the results and we have real confidence in our decision-making moving forward,” concludes Ben.