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Indian software company delivers a supply chain and price forecasting model for a global super major: Immediate returns
Dec 22: Find out more about how an Indian software company worked with an oil & gas supermajor to dramatically change their supply chain and demand forecasting backend in its lubes division.
8The deliverables were astonishing:
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A 30% reduction in forecast errors
-- 30% reduction in safety stock
-- 10% reduction in cycle stock
-- And a Rs 100 crore reduction in supply chain costs
8Indian companies should try this out, given that the benefits come in within a few months
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