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Stanley Black & tanley Black & Decker chooses the right tools for the job

Stanley Black & Decker, an S&P 500 company.

Stanley Black & Decker is a diversified global provider of hand tools, power tools and related accessories, electronic security solutions, engineered fastening systems, and more. Its recognizable brands include Black+Decker™, Stanley®, DEWALT®, Porter-Cable® and Mac Tools®.

CHALLENGE

Challenge

  Stanley Black & Decker needed to get control of safety stock--the most important part of its inventory--in order to deliver higher fill rates to its customers and reduce costs.
SOLUTION

Solution

  Stanley Black & Decker deployed Logility Voyager Inventory Optimization™ and saw an immediate fill rate improvement to help reduce its finished goods days of supply as well as its investment in raw materials and components.

RESULT

Result

 
  • Reduced finished goods inventory by 27%
  • Maintained target service levels and improved inventory visibility
  • Improved inventory management process
  • Decreased projected on-hand inventory for raw materials and components by 17%

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