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LockNLube is a distributor of equipment for machine maintenance and repair, with 75% B2C and 25% B2B business models.

Industry
  Industrial Distribution

Services
  Digital Transformation Roadmap
  Business
Process Re-engineering
  Enterprise Architecture Development
  Software Selection
  Requirements Management
 Project and Change Management
  System Integration
  ERP Implementation

Platforms
  NetSuite
  Acumatica
  Infor CloudSuite Distribution SX.e
  Shopify
  Channel Advisor
  Celigo
  ShipStation
  Amazon, eBay, Walmart Integration
  Skubana
  QuickBooks

eCommerce Supply Chain Transformation Case Study LockNLube

LockNLube Case Study

eCommerce Supply Chain Transformation

Learn how LockNLube transformed its inventory and supply chain challenges by consolidating over 20 systems.

Problem
  Even after paying over $100K every year in software licenses, the systems struggled to produce business results.
Software OEMs and Resellers oversold their capabilities about kits and bundles
 Duplicate admin efforts to track sales analytics for kits and bundles
 
B2B sales process managed in more than five siloed systems
No visibility into up to $500K worth of inventory
 Fragmented inventory and customer experience across channels
 
No confidence in the operational capacity for the next phase of growth
 No experience in building ERP architecture or evaluating different software systems
The team relatively inexperienced with ERP implementation

Solution
  As-is and To-be process models built
  
Process reengineering recommendations
  New inventory reconciliation models
  
Superior material movement flow
  Business, process, information, and system architecture built 
  Change management  plan formalized
  Source of authority and system interaction flow built
  Data cleansing recommendations provided
  B2B sales process modeled
  The new RMA and customer service process designed

Outcome
  The system footprint consolidated by 50%
  Inventory and demand forecasting accuracy improved by 20%
  Alignment of as-is and to-be process models for executive teams
  The opportunity costs for internal teams were reduced by 70%
  ERP selection costs less than 20% of the industry average
  Total potential savings of over $300K through vendor discounts and expert guidance

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2024 Digital Transformation Report

This digital transformation report summarizes our annual research on ERP and digital transformation trends and forecasts for the year 2024.