Inventory Management and Optimization for an FMCG Manufacturing Company
A global FMCG manufacturing leader optimized its food product inventory management while ensuring maximum service level and minimizing product quality deterioration. For this task, consultants from ITC Infotech built a simulation-based model of the FMCG company’s multi-echelon distribution network to find interdependencies between product quality deterioration, fill rates, and the shelf-life factor that helps inventory planning. As a result, the business would be able to decide how much product should be manufactured and make informed decisions.