An ML solution to manage raw material inventory
Leading Cement Industry Player optimizes Inventory Management
Challenge Faced
The client wanted to ensure that production was unaffected while:
- Optimizing raw material procurement.
- Optimizing inventory.
The Brainvaulttech Solution:
We built a tech solution using Probability Density Functions and Z Score to:
- Forecast Inventory needs.
- Forecast reorder needs.
- Technologies used: Object identification and action recognition.
The Benefits:
- Optimized Inventory Management.
- Increased production by 2.69%.