Inventory Management for Heavy Manufacturing

A Heavy Manufacturing Company based at Mumbai, is faced with difficulty in tracking stock levels, ensuring optimal reorder points & preventing stockouts or overstocking

CHALLENGES

The company is faced with issues like stockouts or overstocking, which disrupts sales and increases holding cost. Manual tracking increases the chances of errors, leading to inaccurate stock levels and lost sales opportunities. Inefficiencies in order fulfillment, results in delays and customer dissatisfaction. Lack of real-time data for decision-making and forecasting, makes it difficult to manage supply chain operations effectively.

SOLUTIONS

Detailed process mapping
of the Supply Chain
Operations

Mapping Data Capturing
Parameters with Required
Databases

Item Nomenclature & Master Development &
Identification of
Dashboard Elements

System Development,
Testing and Go Live

BENEFITS

Improved Stock Control

Ensured optimal inventory levels by providing real-time visibility into stock quantities, sales trends, and reorder points.

Cost Efficiency

Minimized holding costs and improved order accuracy by providing real-time visibility into stock quantities, sales trends, and reorder points.

Enhanced Productivity

Automated various manual tasks involved in tracking stock levels, order processing, and replenishment, which significantly improves operational efficiency.

Real-Time Data Insights

Provided real-time, up-to-date information on stock levels, sales patterns, and product movement crucial for decision-making.