India's largest platform and marketplace for GCC & AI leaders and professionals

Sign in

India's largest platform and marketplace for GCC & AI leaders and professionals

3AI Digital Library

Real Time Inventory Management Using Rules Based Analytics

3AI November 4, 2020

Large US based health and wellness products company

Problem Statement

Legacy systems need to be replaced to aid faster delivery cycles, meeting higher %age of SLAs, and real time business view in supply chain management. Client wants to Optimize the new inventory and ordering platform based on different metrics and to bring it in sync with the legacy system

Solution Approach

  • Order Data

  • Inventory Data

  • Model Dataset

  • Dashboard

  • Root Cause Analysis

  • Rule Based Approach


Business Impact

  • Automated order alerting mechanism based on set of rules

  • Fine tuning different metrics like safety stock holding, optimized inventory stock, economic ordering and presentation quality

  • Real time Unified business View Of All Stores

Critical Success Factors

  • Better Inventory Optimization
  • Better Order Management
  • Capture trends of stores on real time and take action

    3AI Trending Articles

  • P&L Forecasting Enabled by Analytics

    Author: Rajagopal Rangarajan, Senior Manager – Analytics, AB InBev Accurate P&L forecasts help companies build a good financial plan for the year. It enables the financial planning team in allocating resources more meaningfully across the company. For large and highly leveraged companies like AB-InBev with annual Revenues more than $50 Bn and with a debt […]

  • Salesforce embraces the public cloud with Hyperforce

    Salesforce is letting CIOs choose where they run its software, easing compliance with data protection and data sovereignty laws. Salesforce.com President and COO Bret Taylor believes the SaaS vendor has made “probably the most significant technological shift” since its CRM platform first launched 21 years ago. But Taylor wasn’t talking about the company’s agreement to acquire […]

  • A Framework for Analytics & AI Value Realization

    We’re living in times of a great data paradox. One side of the paradox is the explosive growth of data in and around us. Here are some facts reported in IDC’s Global Data Sphere to corroborate this: – 59 Zettabytes – total volume of data processed in the year 2020– 26% CAGR – the forecasted […]

  • Cloud Neutrality

    A multibillion-dollar, privately-owned infrastructure is now essential to the modern internet economy. That should freak you out. WE SPENT A lot of years talking about net neutrality—the idea that the companies that provide access to the internet shouldn’t unfairly block, slow down, or otherwise interfere with traffic even if that traffic competes with their services. But there’s […]