Data analytics empowers organizations to transform supply chain management effectively
Industry:
Manufacturing
Inteliment collaborated with a leading manufacturing company to transform its supply chain processes. The objective was to optimize procurement, improve demand forecasting, and enhance supply chain visibility.
Challenges
- Inefficient Demand Forecasting: Inaccurate demand insights resulted in frequent stock-outs and overstock situations.
- High Procurement Costs: Siloed systems impeded cost-effective procurement processes, leading to inflated expenses.
- Limited Supply Chain Visibility: Fragmented data sources restricted real-time monitoring and responsiveness.
Solutions
- Integrated Analytics Dashboard: Developed a unified view of supply chain metrics.
- Predictive Demand Forecasting: Enhanced the accuracy of demand predictions, allowing for better inventory management.
- Automated Procurement Tracking: Streamlined procurement processes, significantly reducing cycle times.
Outcomes
20% Fewer Stockouts
Improved inventory management.
15% Cost Savings
Streamlined procurement and improved supplier negotiations
Better Transparency
Enhanced supply chain visibility.
Quicker Decisions
Data-driven insights allowed faster market adaptations.
Data-Driven Excellence
Explore more success stories