Summit has consolidated its enterprise processes such as labeling, lot traceability, regulatory measures and shipping, all on one platform, allowing employees to focus on meeting critical service levels for its customers. The company also significantly decreased its finished goods inventory, essential to improving the efficiency of its private label business. Since going live on iRenaissance, Summit has decreased its finished goods inventory by nearly 7 percent while increasing sales by 48 percent and production output by more than 65 percent. iRenaissance provides Summit with organization-wide visibility, from finance to manufacturing to distribution, allowing streamlined production and distribution operations.
Enterprise-wide visibility provides Summit with the tools needed to better coordinate production scheduling, inventory management and order fulfillment among the company’s three sites in North America. With tighter production management and inventory control, Summit can easily track business activity between its sister locations in New Hampshire and Mexico, including order processing, shipping and material handling. The supply chain applications in iRenaissance provide inventory management and logistics capabilities across multi-company, multi-division or multi-site environments enabling Summit to store materials for its sister sites and quickly manage the distribution of each order placed while consistently meeting customer expectations.
“With the convenience of iRenaissance at all three sites in North America, we are better able to work together to meet our customers’ needs,” said Starr. “In our warehouse here in Texas, we can store materials, process orders and place shipments for our sister company in New Hampshire, knowing that each order will be shipped in a timely fashion. It’s this inventory management and visibility that helps Summit be a leader in its industry.”
Chemical companies such as Summit also need to monitor and manage critical manufacturing processes. As the market continues to demand new, improved and safer products from chemicals manufacturers, companies like Summit must comply with evolving regulatory guidelines and industry specifications. With iRenaissance, Summit now has better control of its manufacturing operations and can detect and address variability during any stage of its production cycles. iRenaissance enables Summit to ensure regulatory compliance, formulation, process and cost control and guarantee product quality by providing end-to-end traceability throughout its supply chain.
“The key focus in our business is delivering superior products in a timely manner,” said Starr. “Ross helps ensure each specialized lubricant and chemical Summit produces are of the highest quality, meeting all necessary requirements. There is incredible value in knowing each product is guaranteed to meet our high standards upon shipment.”