Ryerson

Educated Buyers & Managers on Valuable SAP Tools to Uncover, Analyze & Pro-Actively Manage Inventory and Service Levels.

Ryerson-The Strength of Metal is a leading distributor and processor of metals in North America. Headquartered in Chicago, they operate service centers in cities across the United States and Canada and serve an expanding international customer base through joint ventures in India and China. Ryerson offers an unparalleled range of products, leading processing and fabricating capabilities, a broad geographic reach, and an established commitment to superior service.

CHALLENGES

  • Inventory averages were higher than needed creating large amounts of dead stock.
  • Customer service levels were challenged due to stock-outs and unreliable lead times.
  • Lack of trust in the system caused high manual activity and users working outside the system.
  • Business rules and master data did not align with current procurement functions.
  • Inaccuracies in forecasts due to a rapidly changing marketplace.

SOLUTIONS

  • Ryerson engaged Reveal in an oVo® inventory reduction and optimization project.
  • Educated Buyers & Managers on valuable SAP tools to uncover, analyze, and pro-actively manage inventory and service levels.
  • Assisted in using standard SAP tools to analyze the slow-moving stock, dead stock, high range of coverage, and stocks outs.
  • Aligned with the organization around best practices to provide sustainable inventory management strategies.
  • Unpacked business issues that attributed to inventory and customer service issues relating to, outdated Information, user behavior, business rules, and configuration issues.
  • Implemented new MRP strategies and analysis methods to drive inventories down.

BENEFITS

  • Inventory reduction of over 22%
  • Reduction in exceptions of over 30%
  • Customer Service Improvement over 20%
  • Simplification and standardization of procurement process
  • Alignment of KPI’s to business objectives

Connect

Discover where and when to connect with Reveal at upcoming webinars and industry events.

Business Guide to S/4 vs. ECC's New Planning Features & Functions

February 15, 2023
11:00 am
CST
With
Kristie
and
Martin
Learn more

Business Guide to S/4 vs. ECC's Production Finite Scheduling

April 12, 2023
11:00 am
CST
With
Eacliffe
and
David
Learn more

Business Guide to S/4 vs. ECC's Extended Warehouse Management

June 21, 2023
11:00 am
CST
With
Steve
and
Jason
Learn more

Business Guide to S/4 vs. ECC's Sales Order Monitoring & ATP

August 16, 2023
11:00 am
CST
With
Marcie
and
Kristie
Learn more

Business Guide to S4 vs. ECC's Purchasing Spend Analysis

October 18, 2023
11:00 am
CST
With
Wayne
and
Peyton
Learn more

SAPinsider Vegas 2023

Mar 20, 2023
Mar 23, 2023
Bellagio Hotel, Vegas, NV
Find out more

MasterClass SAP Supply Chain Bootcamp

Apr 19, 2023
Apr 21, 2023
Virtual
Find out more

Gartner Supply Chain Symposium Xpo 2023

May 8, 2023
May 10, 2023
Orlando, FL
Find out more

MasterClass SAP Supply Chain Bootcamp

Jul 19, 2023
Jul 20, 2023
Virtual
Find out more
Content for this slider is populated by Javascript and as such will only be visible on the published site

Learn More

Sign-up to receive our white papers, webinar reminders and industry specific news.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.