Auto-Reorder of Raw Materials in a Manufacturing Plant

Overview

Our client has its manufacturing factory and was precisely the manufacturer for the automotive sector. The routine task for them was to keep track of more than 200 types of raw materials in their central store, which was a tedious task for them. Thus, they wanted to have an AI-integrated solution, helping them keep track of the raw materials, along with the count of reordering. 

Technical Stack

Industry
Manufacturing
Region
US
Project Size
Non-Disclosable

Highlights

90%

Stock dropout ratio.

40%

Reduction in purchase lead time.

12%

Inventory holding cost reduced.

99%

Effective planning and coordination across departments.

Challenges

Solutions

Challenges & Solutions

No track on real-time stock availability

Integrated barcode data scanners, scales, and RFID to get real-time data.

Manually keeping track of raw material reordering status via spreadsheet.

Developed a centralized system for real-time raw-material tracking and auto stock reordering.

Recurring purchase of raw materials at a higher rate during immediate requirement.

Automated notifications and alerts were sent related to the restocking of raw materials.

Communication gap between procurement and store team.

The real-time dashboard acted as the middleman for procurement and the store teams.

Why Us?

Partnering with iQud means streamlining your never-ending manual work with innovative and tech-driven AI solutions. Let’s together dive into the pool of technology where challenges meet real-time solutions.

Core Features

Conclusion:

The auto-reorder system removed guesswork from material planning. It ensured materials were always available without overstocking, keeping production smooth and efficient.

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