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We employed advanced technology to automate PR generation, enabling accurate safety stock calculation and prediction of stock shortages within the petrochemical industry.

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Home » SaaS Success Stories » We employed advanced technology to automate PR generation, enabling accurate safety stock calculation and prediction of stock shortages within the petrochemical industry.
We employed advanced technology to automate PR generation, enabling accurate safety stock calculation and prediction of stock shortages within the petrochemical industry.

Problem Statement:

  • Suboptimal safety stock levels leading to stockouts and excess inventory costs.
  • Inefficient replenishment processes for cycle stock causing delays in restocking.
  • Lack of overall inventory efficiency within the current system.
  • Need for improved cost-effectiveness in inventory management operations.

Value creation:

  • Forecast accuracy up by 11%
  • Reduced stockout levels by 20%
  • Complete visibility on Safety stock, Stockout Projections, Lead Time Variations etc.
  • Accurate and automated replenishment quantity calculation and PR placement

Flowcharts:

Company

Petro Chemical Industry

Industry

Extraction Machines

No. of SKUS

300+

No. of Brands

14

Focused Area

Demand Planning