A Textile Company’s New Found Data Journey

A 45+ year old textile manufacturing company with multiple factories, nationwide sales, and an annual turnover of $5 million USD.

 

Key Problems

  • Unable to identify sales/customer trends
  • Increased lead times between purchase, production and sales, causing dead stock
  • Increased reporting times causing delays in key business decisions
  • Lack of machinery management

Actions

  • Tracks sales for customers & products, while identifying trends.
  • Monitors growth in sales amount and quantity compared to previous periods
  • Sales dashboard made purchase decisions efficient
  • Efficient purchase decisions reduced lead times.
  • Identified idle machineries for better production management

Impact

  • 85% Reduction in reporting
    time from manual reporting
  • 25% cost savings in reporting
  • 10% increase in profitability
  • 17% reduction in inventory/dead stock

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