Reduced the wastage and improved safety stocks.
Streamlining F&B Product Portfolio With Demand Forecasting and Inventory Optimization
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Business Quandary
The client needed to integrate within their existing functionalities a method of automating inventory processes and tracking demand. They wanted Affine to develop an extremely precise demand forecast analyzer for its perishable and short shelf-life offerings. Additionally, they wanted to improve the accuracy of their safety stock estimation. The end goal was to avoid stock-outs and excess inventory.
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