The client – is one of the leading companies in the set-top box industry. It also produces Smart TVs, DVD recorders, and AV receivers.
The smart TV manufacturer was planning to diversify its markets, production facilities, and suppliers. The company’s growth ambitions were being hampered by increasing supply chain network complexity and logistics costs. Additional storage of raw material, transportation, work in process, and finished goods were all increasing logistics costs.
With the help of SpendEdge’s supply chain management solution, the smart TV manufacturer fine-tuned their consolidation hub operation to eventually move into an everyday carry operation. This enabled tighter inventory control and aligned lead times with overseas manufacturing. Additionally, the client established container optimization and a certain range of value-added services and achieved savings of USD 300,000.