WEBINAR: Case Study: How Crocs Digitized their Financial Supply Chain
International Trade and Trade Finance have evolved significantly over the last decade, and more recently, the COVID crisis has driven a significant acceleration in the digitization of trade documentation and supply chain finance. Learn how Crocs transformed their financial processes within their supply chain and how they improved overall supplier collaboration.
Crocs will discuss their digital journey with Infor Nexus and how they have worked to improve both their physical supply chain and their financial supply chain. They will describe how Infor’s cloud based technology allowed the company to replicate their entire trading partner community in the cloud allowing Crocs to run a more scalable, more visible, and more efficient supply chain.
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Headquartered in Italy, Dr. Schär leads the market in gluten-free foods, offering a wide range of products for special dietary needs. With over 1,750 employees globally, the company operates 18 sites in 12 countries, boasting 12 production plants and 26 distribution warehouses, delivering to over 100 countries worldwide. During the Covid Crisis, Dr. Schär faced considerable demand and supply variability. The supply chain team at Dr. Schär was able to thrive in the midst of this uncertainty thanks in part to the digital supply chain transformation that had just been completed. With all the supply chain planning activities digitized with ToolsGroup, and with the help of the advanced machine learning and probabilistic capabilities within the platform, the team was able successfully plan sales forecasts, fulfillment, and replenishment for every SKU at every location, along with rough and finite capacity planning. With the redesign of the Supply Chain Planning process Dr. Schaer was able to increase order fill rates by 1.5%, improve forecast accuracy by 3%, and enhance freshness upon shipment by 1.8%. Despite a larger product mix, heightened variability, and increased volumes, Dr. Schär has managed to optimize their inventory performance. The webinar will explain the digital supply chain transformation…