The consumer electronics industry is a highly competitive and rapidly changing sector that demands comprehensive warehousing and logistics services. Given China’s vast geographical coverage and extensive after-service requirement by consumers, HurryTop recognizes that a good supply chain strategy is essential for client success, and serving the consumer electronics industry is a core competency at HurryTop.
Client Challenge - Our client is an European Fortune 500 Consumer Electronics company that enjoys leading brand and market share position in China. In more than 20 years’ endeavor of market development, the company has established an extensive while somewhat redundant logistics facility network across China. To streamline its supply chain operations and provide responsive after-sales service is critical for the client to sustain its leadership position in the evermore competitive marketplace.
Hurrytop Solution - HurryTop supply chain consultants helped the client optimize its warehouse and service center network by carefully studying client’s sales historical data, inventory management process and total logistics assets. Leveraging HurryTop’s dedicated regional distribution centers and public warehouses, we also provided the client greater flexibility in seasonal periods. Our expertise in service parts logistics management enabled the clients to commit higher service satisfaction to the consumers and reduce the overall cost while maintaining superior service.
The Result
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reduced number of warehouse from 52 to 15
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reduced total warehouse area size from 150,000 square to 82,000 square meters
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reduced service parts inventory management team from 33 people to only 3 people at client’s organization, who manages a 12,000-SKUs service parts inventory and supplies around 1,000 authorized service centers all across China
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an increased inventory record accuracy from 92% to 100%
