One of the clients was facing issues on duplication of information in its inventory management as they were operating over different systems as well as geographic locations. Our tool provided assistance in harmonising the data and various forecasts helped in the reduction of costs.
Optimisation of Spare Parts
• Removal of duplicates in data
• Enrichment of existing data from various databases on spare parts
• Harmonisation of the data
• Forecasts on demand and system failures using Machine Learning algorithms
• Optimisation of inventories across the various geographic locations
• Efficient use of the spare parts
Significant reduction in inventory costs.