Client is one of India's leading consumer goods companies providing consumer products and services with annual turnover of over 1 Bn USD. With its headquarters in Mumbai, Maharashtra, India, it is present in over 25 countries across Asia and Africa. It owns brands in categories of hair care, skin care, edible oils, health foods, male grooming, and fabric care.
Client’s internal demand forecasting was at an accuracy of 70% which resulted in –
Client wanted to build a predictive model to forecast the sales for different SKUs of multiple brands in important ASM areas at retailer level to optimize inventory.
TransOrg Analytics built a forecasting model with an accuracy of 84% to predict sales and demand which helped our client in improving inventory planning and avoid stock out situations.
