Challenges: Overcoming Demand, Inventory, and Supplier Uncertainty
Hodo Foods, a pioneer in plant-based food production, is dedicated to creating high-quality, sustainable products to meet the growing demand for healthy food options. However, the company faced significant supply chain challenges, including inaccurate demand forecasting, reliance on outdated data, unpredictable vendor lead times and stock imbalances. These issues led to supply disruptions, poor purchasing decisions and increased costs, ultimately impacting production efficiency.
Solution: ConverSight’s AI-Driven Recommended PO
Smart Purchase Recommendations:
Precise AI-driven suggestions ensured timely orders, reducing surplus and shortages.
Real-Time Demand Forecasting:
Advanced analytics offered accurate forecasts that dynamically adjusted to market fluctuations.
Streamlined Work Orders:
Intelligent scheduling optimized production processes, minimizing downtime.
End-to-End Supply Chain Visibility
Real-time insights provided a comprehensive view of inventory, demand and supplier performance for better control.
ConverSight Supply Chain Decision Intelligence
| Before AI Insights | After AI Insights |
|---|---|
| Inaccurate forecasting methods caused frequent supply disruptions | AI-driven forecasting aligned production and purchasing with real-time demand |
| Decisions were based on outdated and static reports | Dynamic analytics enabled faster, more responsive decision-making |
| Unpredictable vendor lead times led to production delays | Smart recommendations improved supplier coordination and reduced downtime |
| Frequent stockouts and overstock situations created purchasing challenges | Optimized inventory with intelligent purchase and work order suggestions |
Industry
Industrial Distribution
Company Type
Private
ERP
Fishbowl Inventory
