OMORPHO Optimizes its Inventory Management Systems to the SKU
“With their involvement, we have a very clear view on how much each product costs us down to SKU level, which enables us to think about pricing...believe me when I say SPRCHRGR was one of those decisions we got right.”
Gareth Hosford
CFO & COO | OMORPHO
SPRCHRGR - Revved-Up Business Intelligence for OMORPHO
When it comes to business intelligence and analytics, having the right partner can significantly impact a company's bottom line. For OMORPHO, a manufacturer of Gravity Sportswear, that partner is SPRCHRGR. Gareth Hosford, CFO and COO of OMORPHO, shares his experience working with SPRCHRGR and how their services have improved business performance.
An Elite Team Without the Full-Time Commitment
"One way to think about working with SPRCHRGR is you're getting an elite, in-house team as a partner, but you're not having to commit to full-time employees in the same way or pay full-time employee rates," says Hosford. This flexible partnership model allows OMORPHO to leverage SPRCHRGR's expertise without the financial burden of maintaining a full-time in-house team.
Expertise on Par with Fortune 500 Companies
Hosford, who previously worked for a management consulting company and had exposure to top Fortune 500 companies, is particularly impressed with SPRCHRGR's team expertise. "I can tell you that SPRCHRGR's team stands up with respect to expertise against any of those in-house functions at these Fortune 500 companies," he asserts.
Inventory Management and Product Costing
SPRCHRGR's expertise has been instrumental in helping OMORPHO maintain an efficient inventory management system. "They're able to really help us understand at all times where we are in inventory positions, so we really avoid situations where we're offering product that's actually out of stock," explains Hosford. This has also enabled the company to plan effectively for when products will be back in stock, optimizing sales and customer communication.
In addition to inventory management, SPRCHRGR has provided valuable insights into product costing. "With their involvement, we actually have a very clear view on how much each product costs us down to SKU level, which enables us to think about pricing," says Hosford.
Preparing for Growth
As OMORPHO prepares for growth and potential Series A funding, Hosford believes that SPRCHRGR's expertise is crucial in ensuring due diligence. "If we didn't have SPRCHRGR's expertise, I think when it came down to deal due diligence, we would potentially be exposed," he admits.
A Partnership for the Long Term
Hosford is unequivocal about the value SPRCHRGR brings to OMORPHO. "Believe me when I say that SPRCHRGR is one of those decisions we've got right, and we're looking forward to continue to partner with them, hopefully, for a long time."
This case study demonstrates how SPRCHRGR's business intelligence services can transform a company's operations, providing expertise and insights that drive growth and profitability. With their flexible partnership model, SPRCHRGR offers businesses the opportunity to leverage top-tier expertise without the commitment of full-time employees, providing a cost-effective solution for companies like OMORPHO looking to scale.