STM Brands Increases Operating Margin by 20% with DemandCaster
公司规模
Mid-size Company
国家
- Australia
- United States
- Malaysia
- United Kingdom
产品
- NetSuite ERP
- DemandCaster
技术栈
- Cloud-based Solutions
- Forecasting Algorithms
- ERP Integration
实施规模
- Enterprise-wide Deployment
影响指标
- Cost Savings
- Customer Satisfaction
- Productivity Improvements
技术
- 功能应用 - 企业资源规划系统 (ERP)
- 平台即服务 (PaaS) - 数据管理平台
- 分析与建模 - 预测分析
适用行业
- 消费品
- 零售
适用功能
- 商业运营
- 销售与市场营销
- 仓库和库存管理
用例
- 库存管理
- 补货预测
- 需求计划与预测
- 供应链可见性(SCV)
服务
- 系统集成
- 云规划/设计/实施服务
关于客户
STM Brands, founded in 1998, specializes in high-quality, award-winning accessories for tablets, laptops, and phones. With a global retail presence and offices in Sydney, San Diego, London, and Kuala Lumpur, the company aims to provide 'Stuff that Matters for the doers of the world.' The company has grown significantly over the years, but faced challenges in managing supply chain costs and inventory effectively, prompting a need for better planning solutions.
挑战
STM Brands faced significant challenges in managing inventory costs and movement due to heavy reliance on spreadsheets. This led to sub-optimal supply planning, resulting in expensive air freight to ensure timely delivery of goods, negatively impacting margins. The company also lacked insight into market shifts, leading to slow, reactive responses and outdated or excess inventory. Disconnected planning and decision-making further limited collaboration between sales, purchasing, and production teams.
解决方案
STM Brands transitioned from spreadsheet-based planning to a cloud-based solution using DemandCaster, integrated with their existing NetSuite ERP system. This move provided a more accurate picture of demand volatility and improved cross-functional collaboration. DemandCaster's visual representation of sales data by product and location, along with its forecasting algorithms, allowed STM Brands to make data-driven inventory decisions. The software enabled the company to identify potential excess stock and optimize inventory proactively, rather than reactively. Additionally, the integration with NetSuite facilitated seamless data transfer and real-time access to information, enhancing overall efficiency.
运营影响
数量效益
Case Study missing?
Start adding your own!
Register with your work email and create a new case study profile for your business.
相关案例.
.png)
Case Study
Improving Vending Machine Profitability with the Internet of Things (IoT)
The vending industry is undergoing a sea change, taking advantage of new technologies to go beyond just delivering snacks to creating a new retail location. Intelligent vending machines can be found in many public locations as well as company facilities, selling different types of goods and services, including even computer accessories, gold bars, tickets, and office supplies. With increasing sophistication, they may also provide time- and location-based data pertaining to sales, inventory, and customer preferences. But at the end of the day, vending machine operators know greater profitability is driven by higher sales and lower operating costs.
Case Study
Improving Production Line Efficiency with Ethernet Micro RTU Controller
Moxa was asked to provide a connectivity solution for one of the world's leading cosmetics companies. This multinational corporation, with retail presence in 130 countries, 23 global braches, and over 66,000 employees, sought to improve the efficiency of their production process by migrating from manual monitoring to an automatic productivity monitoring system. The production line was being monitored by ABB Real-TPI, a factory information system that offers data collection and analysis to improve plant efficiency. Due to software limitations, the customer needed an OPC server and a corresponding I/O solution to collect data from additional sensor devices for the Real-TPI system. The goal is to enable the factory information system to more thoroughly collect data from every corner of the production line. This will improve its ability to measure Overall Equipment Effectiveness (OEE) and translate into increased production efficiencies. System Requirements • Instant status updates while still consuming minimal bandwidth to relieve strain on limited factory networks • Interoperable with ABB Real-TPI • Small form factor appropriate for deployment where space is scarce • Remote software management and configuration to simplify operations
Case Study
How Sirqul’s IoT Platform is Crafting Carrefour’s New In-Store Experiences
Carrefour Taiwan’s goal is to be completely digital by end of 2018. Out-dated manual methods for analysis and assumptions limited Carrefour’s ability to change the customer experience and were void of real-time decision-making capabilities. Rather than relying solely on sales data, assumptions, and disparate systems, Carrefour Taiwan’s CEO led an initiative to find a connected IoT solution that could give the team the ability to make real-time changes and more informed decisions. Prior to implementing, Carrefour struggled to address their conversion rates and did not have the proper insights into the customer decision-making process nor how to make an immediate impact without losing customer confidence.
Case Study
Digital Retail Security Solutions
Sennco wanted to help its retail customers increase sales and profits by developing an innovative alarm system as opposed to conventional connected alarms that are permanently tethered to display products. These traditional security systems were cumbersome and intrusive to the customer shopping experience. Additionally, they provided no useful data or analytics.
