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