The situation
Specialty food manufacturer, $50M+ annual spend, largest inventory category with a 7-day shelf life.
A specialty food manufacturer had a $200K inventory adjustment proposed for write-off.
What was found
Instead of approving it, the paperwork was traced through invoices, receipts and cold storage inventory records.
The inventory had actually been sold by a predecessor. It was never removed from the system, and it was never billed.
What was done
The write-off was refused and the sale was billed.
The result
$200K recovered. A loss on paper became a $200K receivable.
Why it matters
A write-off is easy to approve when the numbers look final. Tracing it back to the source documents first can change the answer completely. Here it turned a $200K loss into $200K of revenue.
These results were delivered by Redline’s leadership in earlier roles, before Redline Operations Group was founded. They are not Redline client engagements. Former employers are described by industry and size only.