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/ Business Insight Analytics / FMCG
FMCG
Keep up with the rapid-changing demands and drive greater profits and growth for FMCG with advanced business intelligence
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Inventory Forecasting

Predict optimal storage and inventory to increase logistic efficiency and optimize capital utilization, reducing cost for perishable inventory

Problem Statement

  • Difficulty in keeping optimal stock levels in inventories throughout the supply chain

  • High costs in overstocking inventory and associated risk of expired stocks

  • Risk of disruption to business operations due to out of stock inventory

Our Solutions

  • Establish a standard input and output format with real users to transform the document into a machine-readable format

  • Develop an optimization AI algorithm tailored to the warehouse constraints

Business Values

  • Predict optimal storage and inventory for operation-heavy businesses to increase logistics efficiency and to optimize utilization of capital

  • Reduce cost for perishable inventory that requires accurate estimation of inventory

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Product Optimization

Build automated optimization algorithms that support production scheduling tailored to site’s constraints

Problem Statement

  • Every week, a planner needs to spend at least 4-6 hours to schedule a production plan

    Due to its time-consuming nature, the production plan is not flexible enough to change during the week

  • The production plan does not optimize production nor is it cost-effective

Our Solutions

  • Establish a standard input and output format with real users to transform the document into a machine-readable format

  • Develop an optimization AI algorithm tailored to the warehouse constraints

Business Values

  • Reduce production planning time from hours to 10-15 minutes

  • The faster planning process allows rescheduling during the week

  • ​The production plan from our AI algorithm is more efficient compared to a human’s plan

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Demand Forecasting

Estimate future demand to help make decisions for activities such as cash flow planning, supply chain management, and pricing and promotion strategy

Problem Statement

  • FMCG wholesale demand is mostly driven by promotions in Thailand

  • Predicting demand is a time consuming process by planners. It requires prior qualitative insights from experience to accurately forecast demand

Our Solutions

  • Benchmark with demand planners to automate the process and provide improved accuracy

  • The demand forecasting is done for multiple product categories and multiple sales channels with varying characteristics

Business Values

  • Accuracy Improvement: Machine learning helps improve accuracy up to 15-20%

  • Processing Time Optimization: The ML-driven solutions help reduce processing time in demand planning

  • Single source of truth: The demand forecasting plan help the working group to lead to consensus easily

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