CPFR Process and developing a Forecasting Analytics Tool for Gulf Oil Corporation
About the Business
One of the growing Indian brand of Lubricant manufacturer and Marketing companies in India Part of large corporate group, having a pan India Distribution with a Turnover of around 1 Billion Indian Rupees
Business Challenge
* The company had strategic plans to grow by 25 to 30% on sales Year on year for which they want to gear their entire Supply Chain Process * Since in the initial stages of scoping it was identified that there was fault at the root of the supply chain itself that is on the Demand Management – specific focus was given on the forecasting system
Result Generated
Improved Forecasting Accuracy upto 80% from our Forecasting Models!
From the horse's mouth!
Siddhartha Kanodia
S Ramakrishnan
Mr Ravi Chawla
T K Subramaniam
Bassem El-Wazir
For Similar Results
How we did it?
- Complete level 5 business process definition to enable the S&OP and Consensus forecasting
- Conducted workshop to understand the business dynamics and short comings in Collaborative planning process
- Designing a detailed end to end Demand Management process for implementation through change Management
- Developing a detailed Forecasting Analytics Tool for final deployment based on the ‘TO-BE’ CPFR process. Improved forecasting accuracy to upto 80%
Forecasting Models
Consensus Forecasting
Business Dynamics Workshop
LOOKING FOR A FIRST-CLASS SUPPLY CHAIN CONSULTANT?
Gazelle Insights
Practical Demand Forecasting
Check how to reduce excess inventory & to reduce shadow demand with Practical Framework for Demand Forecasting.
Block Chain Shipment Tracking
Check how Supply chain shipment tracking using ethereum blockchain based smart contracts is changing Supply Chain
Impact of GST
Check how GST will impact the domestic industry with Case Study, Modelling and understanding various implications.
LOOKING FOR A FIRST-CLASS SUPPLY CHAIN CONSULTANT?