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Supply Chain Optimization
With the help of: Alaska Manufacturing Extension Partnership Center
About
Elevated Oats is a five-person, woman-owned, veteran-owned manufacturer of gourmet granola who retails online, at local markets and at various locations in the Anchorage, Alaska, area.
The Challenge
Founded in 2019, Elevated Oats has experienced steady growth over the past two years. CEO Megan Militello realized that they needed to be ready for further expansion. Operating a growing business in Alaska during the COVID-19 pandemic presented unique supply-chain challenges. To prepare to meet them company leadership enrolled in MEP's Supply Chain Webinar with other operators of local businesses.
The MEP is an incredible resource for young Alaskan businesses, combining forward-thinking, practical education with collaborative problem solving.
MEP's Role
Over the course of the webinar, the Elevated Oats team learned simple, easily applicable metrics to determine stock turnover, product life cycles, and business efficiency. They were also taught how to identify supply bottlenecks, strategic purchases, and areas of leverage when negotiating with suppliers. These tools will become indispensable as the company grows.
Created November 2, 2021, Updated April 1, 2022