Prediction and optimisation of warehouse stocks

Client NameMasoprofit s.r.o.

Client CountryCZ

  • Client typeSME
  • IndustryConsumer Goods & FMCG
  • Application areasFinance & Accounting, Strategy, Planning & Decision-Making, Supply Chain & Logistics
  • AI technologiesForecasting & Time Series Analysis, Machine Learning, Optimization & Planning, Reinforcement Learning, Simulation / Digital Twins
  • Business impactsEmployee Enablement & Productivity, Operational Efficiency & Cost Savings
  • Data typesImage Data, Structured Tabular Data, Time Series
  • Delivery modelsConsulting, Product / Licensed Software, Service / Subscription
  • DeploymentsCloud
  • Key capabilitiesDecision Support & Augmented Analytics, Planning, Scheduling & Optimization
  • Project stagesInitial Production Deployment
  • Solution formsAnalysis, Recommendation, or Report, Plugin / Extension for an existing system, Web Portal / Dashboard

Solution Description

Problem description

Masoprofit faces problems with accurate inventory and demand planning for meat processing equipment and accessories. Demand varies significantly according to seasonality and customer type. Insufficient prediction leads either to surpluses of expensive goods or to a lack of key components during orders.

Solution

The solution involves deploying the MyIO platform integrated with the internal K2 system, which will analyze historical data on sales, orders, and warehouse movements. Using AI predictions, it will determine the expected demand for individual products and automatically propose optimal inventory and order volumes from suppliers. The system will monitor seasonal fluctuations, trends, and anomalies and alert to situations that may affect the availability of goods.

Main Users of the Solution

Purchasers, management

Project timeframe (months)

15

Technologies used

Python, Java, React, Azure Cloud

Additional services

  • AI strategy and roadmap
  • Audit / feasibility study
  • Identification and prioritization of suitable use cases
  • Data collection and pre-processing
  • Annotation / synthetic data / dataset extension
  • Data governance and data quality
  • Selection and customization of the AI model
  • Change support and user training
  • Systematic AI educational programs
  • Provision of MLOps infrastructure
  • Continuous maintenance and model retraining

Implementation

Project Owner on the Client's Side

Head of IT / data / technology

Participation on the Client's Side

  • Business / Product Owner
  • Domain / process experts
  • Project and change management
  • End users

Form of Supplier Involvement

Complete implementation

Operation and Maintenance

Operational Model

Joint management

Needed Competencies on the Client's Side

Head of Sales, Buyer, ERP Specialist, CTO

Other Resources or Infrastructure

In this case, the solution is deployed as SaaS. Costs include a license fee, infrastructure costs, and consumption of computational resources within a dynamic cloud infrastructure (computational jobs for predictions and optimizations). No additional investment in hardware or server management is required on the customer’s side. System support and maintenance are ensured by the supplier as part of the service.

Impact and Results

Qualitative Benefits

Improvement of the purchasing process

Quantitative Results

Expected results: 35% improvement in prediction accuracy compared to the original solution and a 15% improvement in inventory levels while simultaneously reducing the occurrence of stockouts. These results are preliminary and will be verified in production operation after full deployment of the solution in order to confirm the achievement of expected benefits.

Client Feedback

Streamlining of the purchasing and ordering processes.

Lessons Learned and Recommendations

Key Success Factors

Active client involvement during development

Biggest Challenges

Connection and linking of systems

Recommendation for Others

We recommend verifying the quality of the available data and not being afraid to pursue a similar solution. Implementing a data-driven system will not only make planning and decision-making more efficient, but will also lead to an improvement in the quality of the data itself, as it becomes transparent, controlled, and actively used in daily operations.

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