Project Description
About the customer
An Indian multinational brand in personal and wellness care produces a wide range of herbal products using ayurvedic ingredients for local and international consumer market.
Customer Challenges
- Disconnected planning of Procurement-Production-Fulfilment-Allocation
- Every task carried out based on human intuition
- Limitation in current system of planning
- No unified view of inventory
- No visibility of critical stock for RM (raw material) and PM (packaging material)
- Variable product codes specific to the plant
- Full utilization of capacity – Transport & Facility
- Raw Material Procurement & Replenishment Challenges
- Production Planning of FG (Finished Goods) issues
- Fulfilment Planning issues
- How to allocate stock to each country
Impact on Business
- Inefficiencies in planning
- Inaccuracy and delays
- Higher cost of operations
- Production delays of priority products
- Fragmented visibility of the whole planning process
- Lower CFR (Cash Flow Return)
How we solved it?
- Implemented VERDIS – AI/BI platform to automate and optimize Procurement, Production, Fulfilment and Replenishment Planning
- Automation of supplier and transport type choices for optimum utility, lead time and best pricing
- Dashboard view of performance for each function, one inventory different perspective
Key benefits:
- 100% Automation of Procurement-Production-Fulfilment-Replenishment Planning
- End-to-end visibility at one single platform
- Route Optimization
- Best supplier choice and allocation
- Visibility of Critical Stock of RM and PM
Value Addition:
- 86% to 95% improvement in CFR
- Planning time reduced from 48 hr to 30 mins
- Resource reduced: 3 to 1
- Cost to produce reduce by 13%
- Changeover reduced from 58 to 40 per month.
- Any scenario changes implemented in 30 mins
Ready to Automate and Streamline Your Processes? Contact us now at itsolutions@holisolindia.
