Distributor inventory cycle — three warehouses
A regional electronics distributor asked us to review inventory and cost adjustments ahead of refinancing. We spent count week at two of three warehouses, tracing scrap write-offs that never reached the controller’s desk. The findings memo sequenced dual review on cost changes before broader ERP role redesign. The finance director noted the draft arrived later than hoped relative to the board pack freeze, yet still early enough to brief lenders with concrete remediation owners.