Identifying targeted inventory (working capital) levels with a dynamic user interface model
INDUSTRY
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
10+
Years of delivery excellence
10+
Years of delivery excellence
10+
Years of delivery excellence
Capabilities
Statistical Modeling
Data Analytics
Visualization and Reporting
Process Improvements
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