$1.4M cash released
Freeing $1.4M of cash from the warehouse
A family-owned parts manufacturer, manufacturing and distribution
The problem
The credit line was maxed out every spring, even in good years.
What we did
- Built a 13-week cash forecast with the plant manager
- Cut slow-moving inventory and renegotiated two supplier terms
- Set reorder points by product line
The result
Inventory dropped by $1.4M and the credit line went unused for the first spring in five years.