About Polaris.
In May of 2023, Polaris, a leading cultivator and processor in Nevada, found itself at a crossroads. With challenges ranging from inefficient processes to financial strain and a dependence on outdated spreadsheets, Polaris recognized the need for change. Polaris entered into a partnership with 240 Logistics to undertake a journey aimed at streamlining their operations, enabling them to redirect their focus toward their core business activities.
The Problem.
Before implementation of FlyWheel and Flourish, Polaris faced significant challenges:
Limited visibility into product performance on shelves and inventory levels.
Inadequate data access across the supply chain hampered decision-making.
Operational inefficiencies hindered Polaris’ ability to compete effectively in the market.
The Solution.
FlyWheel and Flourish were strategically deployed to address Polaris’ pain points and unlock new efficiencies in their workflows:
FlyWheel provided end-to-end visibility from seed to sale data in Flourish; enabling Polaris to track retail performance and inventory levels in real-time.
Flourish streamlined order and inventory management processes, optimizing operational workflows and enhancing data-driven decision-making.
Through collaborative efforts, Polaris and 240 Logistics seamlessly implemented the technologies, empowering Polaris’ team to embrace the new system in just five weeks and under budget.
Results.
90% Sales Increase
Polaris experienced a remarkable surge in product sales, with an increase of over 90% following the integration of FlyWheel.
56% Time Reduction For Intake
Operational processes were simplified, consolidating resources and reducing operational time by 56%. The intake and putaway process, for instance, decreased from 315 to 140 minutes.
Managing Over 500 SKUs
Polaris experienced a remarkable inventory overhaul, including the SKU’ing of over 500 items, resulting in streamlined processes and a significant reduction in order processing time.
Reduced Stockouts
Understanding retail inventory levels has given Polaris a competitive edge, reducing stockouts and overstocks, streamlining inventory management, and enabling better customer experiences & savings.
Enhanced Demand Forecasting
Enhanced demand forecasting accuracy enabled Polaris to optimize inventory levels and meet customer demand more effectively.
Conclusion
By embracing technology-driven solutions, Polaris not only addressed its immediate challenges but also positioned itself for sustained growth and success in a very competitive market landscape.
Our Recommendation.
For companies facing similar operational challenges, the case of Polaris serves as an example of the transformative power of technology, specifically FlyWheel and Flourish. By partnering with experienced providers like 240 Logistics and embracing innovative solutions like FlyWheel and Flourish, businesses can unlock new opportunities for efficiency, growth, and competitiveness in today’s dynamic market. To learn more about how 240 Logistics can help streamline your operations and give time back to your team, contact us here.
Learn More.
Discover how FlyWheel can revolutionize your operations and maximize efficiency. Schedule a personalized demo with our team of experts today to unlock the full potential of your business.