ToolsGroup (Boston), a supplier of distribution-focused inventory optimization solutions, says Cadbury Schweppes (Parsippany, N.J.) will be implementing ToolsGroup's inventory optimization solution in North America to achieve significant inventory and customer service performance improvements.
The project will include optimizing service policy and inventory for the Cadbury Schweppes Americas Beverages business in the U.S.
"Cadbury was impressed with the results ToolsGroup has already achieved at other major consumer goods manufacturers. The results of our detailed inventory data assessment, which indicated that we could improve service levels and reduce inventories at the same time, was the turning point in our decision to move forward aggressively," said Rich Hubli, vice president of Regional Supply Chain Planning for Cadbury Schweppes.
ToolsGroup’s solutions helps companies manage inventory. The solutions let companies plan their customer service policies at very high fill rates, and then optimize the global inventory mix and allocation across the supply chain. The results are near-perfect customer service levels with lower inventory and operating costs.