Case Study 1: Optimizing Inventory Levels for a Retail Company
Problem: A retail company faced challenges with overstocking and stockouts, leading to increased inventory costs and lost sales.
Solution: Dataintellico integrated data from the company’s inventory management system and sales records. We applied predictive analytics to forecast demand and optimize inventory levels. We developed a custom dashboard to monitor inventory performance and provided actionable recommendations to improve inventory management.
Results: The company achieved a 20% reduction in inventory costs and a 15% increase in sales by optimizing inventory levels and reducing stockouts.
Case Study 2: Enhancing Asset Utilization for a Manufacturing Company
Problem: A manufacturing company experienced inefficiencies in asset utilization, leading to increased downtime and maintenance costs.
Solution: Dataintellico conducted a comprehensive analysis of asset performance data, including usage patterns and maintenance schedules. We developed an asset utilization dashboard to monitor key metrics and provided recommendations for optimizing asset usage and implementing predictive maintenance strategies.
Results: The company reduced downtime by 25% and maintenance costs by 20%, leading to improved asset performance and operational efficiency.
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