Alteryx
Case Studies
Armor Express: Enhancing Supply Chain Efficiency with Predictive Analytics
Overview
Armor Express: Enhancing Supply Chain Efficiency with Predictive AnalyticsAlteryx |
Analytics & Modeling - Predictive Analytics Platform as a Service (PaaS) - Application Development Platforms | |
E-Commerce Equipment & Machinery | |
Procurement Warehouse & Inventory Management | |
Additive Manufacturing Manufacturing Process Simulation | |
Data Science Services | |
Operational Impact
The implementation of predictive analytics has brought about significant operational improvements for Armor Express. The company has been able to make educated guesses about demand and adjust the supply chain accordingly. For instance, if a product line is discontinued, the predictive model can predict which products customers will choose instead. This has helped the company cut $500,000 of inventory from day one. Furthermore, with predictive analytics now doing the heavy lifting, the company has been able to improve order lead times, maintain excellent customer relationships, and even win new business from competitors. The company's suppliers have also noticed the difference, with one commenting that Armor Express now provides the best model and buy plan in the industry. | |
Quantitative Benefit
$500,000 saved through inventory optimization | |
Thousands of data points analyzed for accurate forecasting | |
Significant improvement in supplier and customer service | |