Challenge
A leading pharmacy provider with locations in two states faced a critical challenge: limited storage space and reliance on multiple manufacturers for EPS coolers. This fragmented approach created inefficiencies, increased costs, and complicated inventory management.
Solution
Veritiv partnered with the pharmacy provider to design a comprehensive packaging strategy that simplified operations and reduced costs. Our team focused on creating a unified solution that addressed space constraints, improved delivery timelines, and enhanced product security.
Here’s what we delivered:
- Single-source manufacturing: Consolidated EPS cooler production with one trusted manufacturer serving both locations.
- Inventory management at no extra cost: Stocked 50 days of inventory to ensure uninterrupted supply.
- Just-in-time delivery: Reduced on-site storage needs and improved operational flexibility.
- Tamper-resistant shipping container: Designed a secure, innovative container to protect EPS coolers during transit.
Results
The impact was immediate and measurable:
- 1,000 hours saved per month in packaging processes.
- $300,000 annual savings in returns and credits.
- Improved efficiency and reliability across both locations.
