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10XSOLUTIONS' PHILOSOPHY
PERFORMANCE MANAGEMENT IS SIMPLE
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Performance breakthroughs are achieved using out-of-industry benchmarks
 

 

Industry

Retail

Problem

A retailer was experiencing excessive shrink (product waste) in its prepared foods departments.

Methodology

10xSolutions facilitated the documentation of the current production planning processes in two product lines. The team identified as many variations of the production planning process as there were stores in the chain. They gathered disconnects and determined enablers to current business performance, and analyzed historical shrink data by store. Disconnects were complex and involved the business processes, information technologies and even employees’ skill sets.

Result

10xSolutions benchmarked best production planning practices used by heavy manufacturers and automotive companies. The application of this learning helped identify $5.5 million in annual recurring savings potential.

 
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