ASC Engineered Solutions, founded in 1850 as the Grinnell Co., is headquartered in Oak Brook, IL, and operates five production plants, two valve assembly plants, and ten distribution centers across the United States and Canada. ASC is a leader in designing, manufacturing, and distributing precision-engineered pipe connections, valves, and support solutions used in everything from commercial buildings and industrial facilities to power plants and oil fields. All over the globe, people who work in and around these essential facilities rely on ASC to meet critical needs and protect against life-threatening events.
Storia di successo
ASC Engineered Solutions
Demand Planning, Fulfillment, Inventory Optimization, Platform
ASC Engineered Solutions enhances supply chain efficiency with Blue Yonder
L'azienda
La sfida aziendale
ASC Engineered Solutions faced significant challenges in improving its distribution inventory management. Challenges with forecasting and managing safety stock levels, along with difficulties in understanding bill of materials component demand impacted its ability to efficiently project inventory requirements and avoid stockouts
La soluzione
Blue Yonder provided ASC with a robust solution to automate planning, forecasting, and replenishment. Blue Yonder’s demand planning and fulfillment capabilities, plus Inventory Optimization solution address the company’s forecasting accuracy and safety stock calculations, ultimately streamlining its supply chain management.
"Blue Yonder has transformed our supply chain operations, enabling predictive insights and optimizing inventory to meet market demands efficiently. It has helped us reduce inventory by 15% in the first year."
–Lisa VanLanduyt, VP of Supply Chain.
Addressing challenges in planning and replenishment for optimized inventory
ASC Engineered Solutions faced critical operational challenges that risked undermining its long-standing reputation for availability and reliability. The company's demand planning team lacked the ability to accurately forecast demand and anticipate potential issues, such as stockouts and low inventory alerts. Additionally, inefficiencies in distribution management and the need for a more resilient safety stock strategy highlighted the urgency for transformation. To address these challenges, ASC Engineered Solutions embraced Blue Yonder's advanced supply chain capabilities, enabling greater visibility, efficiency, and control over its operations.
Transformation through automation and accurate forecasting
Blue Yonder’s demand planning and fulfillment capabilities allowed ASC's demand planning team to leverage precise forecasting based on sales history. The solution works in unison to analyze changes in demand patterns and supply availability to balance each aspect of the planning process. The Blue Yonder system underpins ASC’s Sales, Inventory, and Operations Planning process, driving a 10 ppt increase in forecast accuracy, a 15% reduction in inventory, and a 15 ppt increase in on time in full performance in the first year.
The implementation of Blue Yonder Inventory Optimization has been instrumental in transforming ASC’s supply chain operations. Through dynamic inventory rebalancing, ASC has minimized excess procurement, mitigated stockouts, and maintained optimal stock levels. This strategic approach enabled the company to reduce expenditures by 5% annually.
Gaining greater insights through the power of data
At ASC, the Blue Yonder Platform drives key dashboards and analytics via links into its Snowflake data lake. This data sharing enables customized exception management dashboards as well as complex analyses on large data sets. By storing historical data, it allows ASC to efficiently analyze weekly and monthly trends in a way it could not previously.
By embracing Blue Yonder solutions, ASC Engineered Solutions is not only optimizing its inventory but also enhancing its service levels, setting a new standard in supply chain management precision and reliability.
