The Challenge
A large manufacturing company faced inefficiencies in its global
supply chain, leading to high inventory carrying costs, frequent
stockouts, and suboptimal logistics routes. They lacked visibility
into real-time supply chain performance and struggled to make
data-driven decisions to optimize their operations.
Our Approach
YukthiX Consulting implemented a comprehensive data analytics
solution to bring transparency and efficiency to their supply chain:
-
Data Integration: Integrated disparate data
sources across their supply chain, including ERP, WMS, TMS, and
external market data, into a centralized data lake.
-
Data Warehousing & ETL: Designed and built a
robust data warehouse and ETL pipelines to transform raw data into
a structured format suitable for analysis.
-
Predictive Analytics for Demand: Developed
predictive models to forecast demand more accurately, reducing
both overstocking and stockouts.
-
Logistics Optimization: Utilized route
optimization algorithms and real-time tracking data to identify
the most cost-effective and efficient delivery routes.
-
Inventory Optimization: Implemented an inventory
optimization model that factored in lead times, demand
variability, and cost to recommend optimal reorder points and
quantities.
-
Interactive Dashboards: Created intuitive and
interactive dashboards using Tableau, providing real-time
visibility into key supply chain metrics, inventory levels, and
logistics performance.
The Solution
The data analytics solution provided the client with:
- A unified view of their entire supply chain operations.
-
Improved accuracy in demand forecasting and inventory planning.
- Optimized logistics and transportation routes.
- Real-time performance monitoring and actionable insights.
Results & Benefits
20%
Reduction in inventory holding costs
15%
Improvement in on-time delivery
10%
Decrease in logistics expenses
The client achieved a 20% reduction in inventory holding costs and a
15% improvement in on-time delivery rates. Logistics expenses
decreased by 10% through optimized routing. The enhanced visibility
and data-driven insights empowered their supply chain managers to
make proactive decisions, significantly improving operational
efficiency and profitability.
