Supply Chain Management for ProfitabilitySupply Chain Optimisation
The client was a leading European Agri Equipment Manufacturer and wanted to optimize their distribution systems.
solutions
Our team studied the demand pattern across different regions in the country for rice harvesters. Part of our work was to study the demand patterns across the country and across different seasons and come up with better demand forecasting models for different regions. Use the appropriate demand forecasting model to reduce the variation in actual demand and forecasted numbers.
We build a model to improve the accuracy of the demand forecasting model. Also we studied their network of plants, central warehouses and regional warehouses etc.
results
We optimized the total cost of distribution through transportation models using linear programming.We attempted to build an AI model using existing data to predict accurate region wise demand for a particular model.