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The Latest News and Thoughts from the RSI Team
Welcome to the Smoke Show
What happens when you combine delicious slow cured and smoked meats with expert supply chain management and inventory support? A business that is truly on fire! Smoking Goose brings meat, salumi, and sausages prepared with “old world craft and new world flavor” from their home in Indianapolis. Chris Eley, founder and owner of Smoking Goose opened up shop in 2010.
Even if you struggle to maintain inventory, you still need a target
We have seen the inventory bullwhip significantly recently...and for good reason. 6-12 months ago, when the issue was literally "Get me inventory, ANY inventory!" then supply chain teams were tasked with "By any means possible" in many cases
How a few of our clients are leveraging Right Sized Inventory's patented technology in new and different ways to solve complex supply chain problems
There is no doubt that supply chain planners face a lot of challenges on a daily basis. They are constantly trying to find ways to improve their operations and stay ahead of the competition. This is why it is so important for them to leverage innovative technology.
2021 Reflection / 2022 Projection
Right Sized Inventory (RSI) had its best year yet! The team is extremely proud of our accomplishments. We grew year-over-year revenue at a record pace, experienced minimal account attrition in a challenging market, had zero employee turnover, secured incremental angel investment to accelerate future growth, expanded our strategic channel sales relationships, and added several big logo global accounts to our portfolio.
Our Mission and the Characteristics of the Clients we Support
Right Sized Inventory has been around for over seven years. Our company’s mission is to provide the best inventory-optimization tool on the market that every company can afford. We are proud to say we are delivering on that vision!
Are you a small company who struggles with overwhelming contractual demands of big businesses? You’re not alone!
With the size and complexity of organizations today, companies are constantly relying on each other to complete their respective projects. Whether you're a small business or a large business, they both need each other equally in order to get the work done. When working with big businesses (aka "the client"), we often find that many times they make unreasonable demands of us when it comes to our contracts and agreements.
Proven Success: How Right Sized Inventory can Save your Business Money
When your company is in the process of evaluating new partners, it's important to ensure they have a track record of success. Therefore, let us provide you just one of many examples of how we deliver value to our clients. Recently, Right Sized Inventory onboarded a new client. Within the first four weeks of rolling out our patented predictive analytics inventory optimization technology into their supply chain we were able to demonstrate $2M in savings. With that kind of ROI, you can be confident you're working with the right partner.
Lessons The Pandemic Taught The Supply Chain
As a planner, you know you need to learn from the past. This is so you can improve future planning and supply chains. One of the most useful things to learn from is customer demand data from previous COVID-19 waves. Does your inventory planning system allow you to use this demand data to run what-if scenarios? If not, you may want to consider another system.
The COVID-19 demand data collected from the initial waves of the virus gives us an opportunity to learn about key drivers of demand for specific product categories in specific location. We can learn where forecasts went wrong and use this information to improve future planning for the next waves of COVID-19 (e.g. Delta Variant). Any learnings can be used in future waves of COVID-19.
Schedule a Call
Find out if Right Sized Inventory is right for your business and inventory needs. Set up a call with one of our team and we’ll walk you through a demo, identify trouble spots in your business, and see how implementing RSI can transform your business through data-driven inventory optimization.