In brief

Paper makers adopt inventory-reduction strategies

ToolsGroup announces inventory-optimization solutions contracts with three leading paper manufacturers: Fater, a joint venture between Procter & Gamble and Angelini Group; Jofel Industrial; and Georgia Pacific.

All three companies must ensure optimized customer service to a diverse customer base while simultaneously reducing inventory and operating costs.

"Paper companies face classic consumer goods challenges," says Joseph Shamir, CEO, ToolsGroup. "Achieving high customer service levels not only preserves space on the retail shelf, but it also yields an impressive financial payoff from top-line growth. We help them achieve that goal."