Identifying targeted inventory (working capital) levels with a dynamic user interface model

INDUSTRY

Retail

INDUSTRY

Retail

Key Outcomes

46% Inventory Reduction

Minimized excess and better inventory control

Enhanced Decision-Making

Boosted efficiency via real-time analytics

Cost Savings

Signification impact on working capital via inventory reduction

Optimized Inventory

Achieved balanced stock levels, reducing holding costs

Overview

This leading global chemical giant sought to optimize their working capital by allowing the flexibility for business input adjustment with changing market scenario.

Aligned Automation developed a fully digitized statistical model-based application with the flexibility for business adjustments to reduce working capital by way of inventory reduction. The solution involved:\

Industry Standards: User-friendly application complied with industry standards (APICS)
Statistical Modelling for outliers and data smoothing
Data Granularity from monthly to daily enabling valuable insights and inventory controls
Standardization & configuration: Mapping the pipeline network & value stream
Decision support: Advanced analytics to identify patterns, trends, and anomalies along

Read the entire Case Study