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AFGRI reduces inventory management at each branch from fifty hours a week to just
five
AFGRI is an agricultural-services company with activities across four countries,
selling a wide range of general merchandise to the agricultural industry. They generate
over $750 million in annual revenues from over 800,000 SKUs across 54 stores with
over 30,000 active SKUs in any one store.
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- Transaction systems lacked advanced demand forecasting and inventory planning capabilities
- Supplier constraints caused lost sales and excess stock
- Replenishment process needed to be automated
- Sought to accommodate erratic supply and slow-moving inventory
- Needed to replace uncontrolled impulse procurement
- Use JustEnough's accurate Demand Forecasting to manage AFGRI-Requisite´s seasonal
demand, preventing stock outs in peak seasons and excess stock in slow seasons
- Through dynamic inventory modeling, ensure that safety stocks are adjusted automatically
while maintaining desired service levels for customers
- Allow buyers to apply discounts to individual orders, ensuring immediate benefit
to the profit margin
- Average time spent on inventory management at each branch reduced from fifty man-hours
per week to five
- Lost sales reduced by 43% while excess stock reduced by 26%
- Overall inventory reduced by 11%
- AFGRI-Requisite achieved ROI in just five months
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