Focus on Inventory Management Revives Plastics Manufacturer
Roughly a year ago, plastics company PolyOne Corp., located near Cleveland, Ohio, USA, was flirting with bankruptcy. Saddled with high rising material and energy costs, excess inventory problems, production delays, and the crippling global economic downturn, PolyOne looked to a bleak 2009 after suffering $273 million in losses in 2008. In February of this year,…