Cutwater Solutions, a designer and provider of Cutwater AIM (Advanced Inventory Management) software, announced that Shrink Packaging Systems (SPS), a provider of packaging solutions, has implemented Cutwater AIM to enhance the capabilities of their inventory and readily provide more insight. Cutwater company has an office in Pike Creek
“Identifying the products that could become dead, is probably even more important than knowing which products are already dead,” said George Hlinka, corporate controller of Shrink Packing Systems. “We didn’t have those capabilities before. There was never an easy way to do that. Now, we put in the right filters, and boom, we have it.”
Cutwater provides business owners with several reports that are available every day to make better and more efficient business decisions. Inactive Customer Report that, with one click, identifies which Customers have stopped buying as well as details about their sales history. Also, it can quickly identify which active customers have stopped buying certain items. This allows for a chance to reverse quickly lost revenue, which is less costly than attaining new customers.
Cutwater AIM standard reports identify items within a distributors’ inventory that are out of line with demand. On average, clients using the Cutwater tool have seen over a 10 percent reduction in inventory and saved several hours of work. The use of Cutwater’s demand planning reports provides business owners and planners with actionable information about trends and forecasting so that they are able to invest in the right products and receive a solid return on their investment.
“We know keeping track of the behavior of inventory and the buying patterns of customers can be a challenge for wholesale distributors,” said Sujit Singh, managing director of Cutwater Solutions. “We have designed our Inactive Customers Report to find instantly lost clients and lost revenue. Cutwater’s reporting tools will help SPS gain the capabilities and insight they are looking for. In the process, it will also help users do less data gathering and report building and more actual analysis and decision making.”
Since 1970, Pennsylvania-based Shrink Packaging Systems has been representing manufacturers in the packaging industry for both equipment and supplies.
