Frontier Foods
Increased profitability for the Leading Irish Food & Drinks Distributor
How Streamline reduced stock-out by 90% for consumer goods company
About the client
Frontier Foods is a family-owned business established in Dublin in 2008, specializes in importing and distributing food and drinks to the Irish Retail Market. With over 30 brands under its distribution umbrella, Frontier Foods has established itself as a trusted partner in the Irish market. The company boasts a turnover of €8.2 million, managing 175 SKUs.
Challenge
One of the primary challenges faced by Frontier Foods was maintaining accurate stock levels and ensuring product availability. Inconsistent stock levels led to missed sales opportunities and customer dissatisfaction, prompting the need for a solution to streamline inventory management processes.
Project
In search of a solution to address their inventory challenges, Frontier Foods embarked on a selection process that involved evaluating various software options. Ultimately, Streamline stood out for its intuitive interface, robust analytical dashboards, and graphical representations of data.
The process of implementation went smoothly. The Frontier Foods team focused on refining inventory planning and aligning demand forecasts with their data.
Outcomes
Since implementing Streamline, Frontier Foods has witnessed significant improvements in key performance indicators.
Gross profit margin increased by 1.5%
Turnover surged by 8.2%
Out-of-stock figure decreased from €500K to €50K, marking a 90% reduction
Stronger sales numbers and improved net profit
Reduced time taken to process orders, leading to operational efficiencies and cost savings
Overall, the impact of Streamline on Frontier Foods' business has been impressive, with stronger sales numbers, improved profit margins, and a substantial decrease in out-of-stock instances.
"Streamline software had an incredible impact on our operations. Now we sell with more confidence, our customer complaints about out-of-stock items are down, and our sales representatives are growing their numbers. If you're considering Streamline, I recommend you to take advantage of the improvements we've seen firsthand."