Companies globally are facing increased supply chain complexity
(global footprints, reduced response times, cost and demand volatility, complex supplier landscape) putting pressure on key financial metrics e.g. cost of procured goods, logistics, manufacturing; working capital and cash flow. This has led to heightened risk profile
of supply chain and related financials.
Companies with significant asset base (inventory, transportation, facilities, etc) and high working capital tied up in operations across industries like Hi-tech, Oil & Gas (upstream), Chemicals, Pharma,CPG, Equipment and Discrete manufacturing, Logistics/warehousing/ distribution are more impacted. Traditional methods and processes can no longer address these challenges and deliver results. For insight into their supply chain costs and ways to improve margins, companies need in depth supply chain analytics.
Genpact's Supply Chain Decision Services enables CXOs to achieve cost visibility and optimization through supply chain analytics across:
- Demand and Inventory Management
Supply Chain Analytics and Decision Services can help achieve:
- 10-15% cost reduction with effective sourcing and logistics planning
- 10-15% reduction in working capital through inventory reduction and corresponding turns improvement
- Higher customer service levels through better forecasting and product availability, 20-30% improvement in forecast accuracy
- Up to 10% transportation cost savings
Genpact provides a cost-effective, scalable global offshore delivery model, ensures a targeted approach (e.g. significant revenue categories/geographies, at-risk products etc.) and utilizes customized proprietary tools (e.g. Inventory Optimizer) and methodologies. We also leverage and augment client's existing resources and tools. Our technology solutions can be on-premise or cloud based.
Genpact's deep, Six Sigma and lean based process expertise and focused IT have made us an industry leader in analytics, with over 3,600 analytics professionals, 90% of whom have advanced degrees in statistics, operations research, business management, and economics. We have expertise in targeted supply chain analytics across multiple industries.
Please contact us for more information on how to improve your supply chain performance at: email@example.com
Genpact helps a global engineering major increase inventory visibility, helping achieve a 48% reduction in raw material inventory Inventory Analytics:
Genpact helps global chemical company improve working capital by 27 percent reduction in on-hand inventory carrying costs and increased inventory visibility Should–cost Analysis:
Delivered 17% reduction in part cost and savings of 0.7 MM $ through insights in various drivers of part cost and identifying the right negotiation levers Logistics Analytics:
Increased service level performance to 99% on time pick-ups & deliveries, improved collaboration between client and logistics service provider through hub relocation and product mix review.