Itmtb Technologies
05/05/2023
All good companies are unique in their own ways. Take Asian Paints for example. It has acted a different path since its very inception about 90 years ago.
1) It was one of the first to start hiring "professional managers" from top B-schools.
2) It was one of the first to have a supercomputer to manage it supply chains.
But tech at Asian Paints today is much more than that. Today, it can predict when a small shop in a Mumbai suburb will run out of a particular shade, and it can replenish it every day without losing money on its operations.
Imagine being able to do that all across the country for its network of over 70,000 dealers and 6 lakh+ retailers. It is no joke.
To achieve this, they have advanced coverage monitoring & visibility into potential stockouts, which are determined by intelligent rules that vary by raw material categories. These innovative technology systems powered by cloud, artificial intelligence, real time analytics provide them with full visibility into inventory. Planners can then run what-if scenarios, and determine prescriptive options, such as expediting a purchase order, creating a new purchase requisition, or directing an inter-plant transfer of material. The options selected are communicated back to the ERP system in real-time.
AP's supply chain is a wonder in itself.
If you're looking to improve your supply chain and logistics through technology, feel free to reach out at [email protected] for a free problem discovery session with us.
itmtb Technologies Private Limited
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