Industry

Retail

Technology

Databricks

Location

USA

About the Client

The client is a leading US-based manufacturing company producing household essentials and electronics goods for retail stores and consumers. The company supplies a range of retail stores located throughout the States. The client wants to improve its supply chain management to minimize the demand and supply crisis.

Business Challenges

Struggling to meet and anticipate the varying demand levels
Running into frequent demand and supply crises
Unable to tap into the real potential of the market for its multiple commodities
Unable to do optimal inter-store reallocation

Business Solution

Carrying out fine-grained demand forecasting
Determining the optimal quantity and time for filling inventories
Calculating the need for inter-store reallocation of products
Speeding up the process of assessing patterns to make cost-friendly solutions (estimated time 2-3 weeks only)

Key Outcomes

10% to 20%

Improvement in Retail Supply Chain Forecasting

5%

Inventory Costs Reduction

2% - 3%

Revenue Increment


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