“By implementing Blue Yonder’s planning platform, Mahindra leverages the benefits of key demand forecasting, inventory management and replenishment planning capabilities. Scientific forecasting methods and multi-echelon inventory models have increased forecasting accuracy and optimized inventory levels, leading to higher customer service levels, reduced inventory investment and increased sales revenues.”
Replacing manual analysis with automation and accuracy
“Labor-intensive processes, disconnected systems and Excel-based planning worksheets have been replaced with integrated, automated data exchanges between Blue Yonder’s planning platform and Mahindra’s execution systems. This enables the SBU to plan, execute and deliver goods in an organized and consistent manner. Post-implementation, the SBU has realized an overall improvement in forecast accuracy of 10%.”
Automated recommendations, based on deep industry expertise
“Blue Yonder understands our spares business well. They also understand the nuances of our industry, and this gave us a good basis to work from. The software provides recommended selections based on pre-defined demand and supply parameters. SBU planners are able to apply default recommendations or override them, based on additional information.”
Beneficios de la Solución
Blue Yonder’s planning helps Mahindra transform its spare parts supply chain into a source of competitive advantage despite enormous demand variability, elongated lead times and constantly shifting logistics cost scenarios. As a result of more accurate forecasting and replenishment, fueled by automation and machine learning, the SBU has been able to eliminate excess inventory and reduce obsolescence costs, while maintaining high customer service levels. Blue Yonder’s flexible software solutions are able to quickly adapt the SBU’s inventory policies and stocking strategies to address changing market conditions, business objectives, supply chain constraints, and changes in customer segmentation and buying behavior.
