Enhanced forecasting & demand planning
Improving asset planning and forecasting accuracy using advanced data models
The challenge
The client faced challenges with inaccurate planning and forecasting due to inconsistent data categorization. Fragmented demand models led to inefficiencies in parts management and inventory planning.
The solution
We standardized and categorized 20K parts and integrated three years of historical data. Demand forecasting models were corporated into the ERP system, improving overall asset planning and forecasting accuracy.
Measured impact
~20-30%
Reduction in MAPE,
Enhanced planning accuracy across all ERP systems,
Streamlined parts management and forecasting