实例探究 > Optimized Fulfillment For Market Basket Analysis

Optimized Fulfillment For Market Basket Analysis

公司规模
Large Corporate
地区
  • America
国家
  • United States
产品
  • ConverSight
技术栈
  • Market Basket Analysis
  • Real-Time Visibility
  • Proactive Insights
实施规模
  • Enterprise-wide Deployment
影响指标
  • Cost Savings
  • Customer Satisfaction
  • Productivity Improvements
技术
  • 分析与建模 - 预测分析
  • 功能应用 - 库存管理系统
  • 功能应用 - 仓库管理系统 (WMS)
适用行业
  • 消费品
  • 零售
适用功能
  • 物流运输
  • 仓库和库存管理
用例
  • 库存管理
  • 补货预测
  • 供应链可见性(SCV)
服务
  • 数据科学服务
  • 系统集成
关于客户
The customer is a leading company in the production and distribution of novelty gifts. They have a large-scale operation with multiple warehouses distributed across various locations. The company has been facing significant challenges in managing their inventory and fulfilling orders on time. The lack of visibility into their inventory levels and the incorrect combination of SKUs in different warehouses have led to increased shipping costs and a higher number of split shipments. This has not only affected their operational efficiency but also their customer satisfaction levels. The company was in dire need of a solution that could provide real-time visibility into their inventory and help them optimize their fulfillment processes.
挑战
A leader in novelty gifts production and distribution was struggling to fulfill orders on-time while experiencing a higher amount of split shipments that increased their shipping costs. Due to a lack of visibility of available products in different warehouses, each warehouse had the wrong combination of SKUs and volumes of products.
解决方案
ConverSight analyzed 24 months of demand to deliver market basket analysis and identify commonly sold goods by consumer & location. They provided real-time visibility into aging inventory levels of all products for optimized inventory management. Additionally, ConverSight produced key metrics and proactive insights on inventory for reduced inventory costs. This comprehensive approach allowed the company to better understand consumer purchasing patterns and accurately forecast product levels. By consolidating products across distributed warehouses, they were able to reduce shipments and improve on-time delivery.
运营影响
  • Significant improvement in delivery times and reduction in shipment costs.
  • Visibility into buyer demand and trends to accurately forecast product levels.
  • Better understanding of consumer purchasing patterns to drive sales and promotion.
  • Reduced shipments and improved on-time delivery by consolidating products across distributed warehouses.
数量效益
  • 22% Increase in on-time deliveries.
  • 17% Reduction in split shipments.
  • 25% Decrease in monthly shipment costs.

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