We’ve transformed the inventory management process for a global chemical manufacturer , reducing inventory carrying
What we were solving for
Costs of over/under stocking: Poor planning results in lost sales or high costs of carrying inventory, and impacts the cashflow position
Supply chain reliability: The lack of visibility across the due to siloed data makes analysis and planning challenging, and limits the ability for managers to proactively respond to risks
OptiSol solution
Deployed a range of models to connecting demand forecasting to inventory planning, and scenario analysis
Data sources captured relevant steps from the production process, and identified bottle-necks on the factory floor using computer-vision
Developed a web-based portal, along with task management solutions to digitalise the inventory management process and enable further collaboration across teams globally