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Scenario #3: Food Manufacturing Company (Condiments)
Situation
The client needed to forecast their customers’ buying cycles in order to enhance inventory and increase their production runs, since production run changes causes downtime.
Goal
Minimize production downtime.
Solution
Analyze customers’ historical buying patterns in order to forecast and tailor the production runs, reducing downtime.
Results
The company’s customers obtained products faster, which increased their satisfaction, and the business grew from $25m to $40m in three years.