Two e-commerce companies sought to reduce inventory and operational costs post-COVID while optimizing logistics.
Approach:
- Conducted a detailed inventory analysis to identify excess stock.
- Designed a warehouse consolidation plan to reduce costs.
- Negotiated improved terms with 3PL providers.
On-Site Execution:
- Rationalized inventory levels to align with post-COVID demand.
- Consolidated warehouses to optimize logistics efficiency.
- Renegotiated 3PL contracts to achieve significant cost savings.
Key Metrics & Results:
- 20% reduction in inventory on hand YoY.
- $26M in operational cost savings through improved logistics.
”Crosby Row helped us free up $26M in operational expenses while reducing inventory on hand by 20% YoY. Their targeted approach has positioned us for scalable growth.