CASE STUDIES

Accurate forecasts to improve business plans

SUMMARY

One of the clients was facing challenges in gauging the performance of the case fill rate reports as they were descriptive in nature and were unable to quantify the same. Our solution provided analytical solution for better understanding of the effect of different parameters on the case fill rates.

METHODOLOGY

• Inputs on cost reduction with regard to inventory management and distribution centres and warehouses

• Classification of over forecasted-demand brands on the basis of seasonality and competitiveness

• Identification of metrics in order to reduce over stocking

TAKE AWAYS

• Higher accuracy in forecasts of high margin SKUs

• Higher efficiency in taking corrective actions

END RESULTS

• Optimal mapping of demand and supply

• Cost reduction due to disproportionate inventory and lost sales

• Improved business strategies