Stock and Promotion Optimization
MOTIVATION
The biggest Czech producer of paté and other canned goods was hindered by a high state of stock due to an ineffective production management system.
automation of production planning process
SOLUTION
The implementation of VERITICO STOCK for stock management and optimization helped to unify and automate the production planning process for 4 out of 7 establishments of the company. The VERITICO PRICE tool then centralized promotion management and improved the control over the production capacities when planning them.
CONCLUSION
The improvement of the production planning process helped to streamline and stabilize production planning which depends on current and exact foundations. Thanks to that, the stock working capital amount was decreased by 12% (23 000,000 CZK) without worsening the availability level of goods for the customers.
12%
Decrease of stock working capital
