Manufacturing · Operations

Improving Forecast Accuracy by 25%

Improving Forecast Accuracy by 25%

Client Profile

Mid-sized manufacturing company | Annual Revenue: ₹50 Cr+ | Industry: Industrial Components

Business Challenge

The company faced frequent stock shortages, excess inventory, production scheduling issues, and poor forecast accuracy. Demand planning relied heavily on manual estimates and historical averages.

NaviEdge Approach

• Sales trend analysis
• Seasonality assessment
• SKU-level demand analysis
• Inventory pattern evaluation
• Forecast model development

Solution Delivered

• Demand forecasting dashboard
• SKU performance tracker
• Inventory planning reports
• Production planning recommendations

Business Impact

• 25% improvement in forecast accuracy
• 10% reduction in production downtime
• Improved inventory visibility
• Better planning confidence

Result: 25% better forecast accuracy 10% less downtime.
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