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Use Case Supply Chain

Problem

A manufacturing company produces a large number of articles of different types. How many will be sold of which article group in the next few weeks?

Solution

An automated forecasting system is developed which provides forecasts on article group level for the next couple of weeks and thus satisfies the requirements of different types of planning objects. Existing open orders are taken into account in the forecast models.

The data is taken from the company’s ERP system and final results are fed back into it. The company uses its own reporting tools for displaying and visualizing the results. A dashboard shows intermediate results and provides expert information for data scientists.

Benefits

  • Point out the quality of forecasts of different article groups to production planners; suggest which of them still require manual planning input
  • Reduce storage and depreciation costs
  • Ensure delivery capability
  • Save time for manual planning

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