About Client
The client is a USA-based consumer products manufacturer with 500+ distributors and multiple warehouses. They have a strong network of regional and global carriers. The partner manages delivery sprints and complex warehouse operations. The partner also ensures product availability and accurate order fulfilment.
Country USA
Industry Manufacturing
Business Requirement
- Overcome the challenge of manual stock auditing and forecasting for optimized inventory management
- Real-time inventory tracking to prevent excess stock or out-of-stock situations
- Resolve poor or delayed coordination between departments on replenishment planning
- Reduce higher operational costs through efficient inventory management
Our Solution
- Introduction of an advanced Stock Replenishment System (SRS), seamlessly integrating with the ERP and WMS
- Real-time distributor-wise stock availability data for effective, up-to-date inventory management
- Predictive analytics and AI-based forecasting to make informed decisions
- Order processing with automated primary orders and a smooth approval workflow to streamline operations
- Automated reporting and analytics through the DOIMS platform to gain necessary insights
Business Outcomes
- Reduced excess inventory by 20% and carrying costs by 15%
- 25% reduction in production delays and better utilization of resources
- Reduced stockouts by 40% and excess inventory levels by 25%
- Enabled better collaboration and reduced overstocking by 30%
- 15% reduction in overall operational costs