One of the leading frozen food manufacturing companies faced significant challenges in managing its operations, which involved coordinating with over 400 vendors, 200 suppliers, and 3000 employees. The manual inventory management process led to several operational inefficiencies, including manual tracking of inventory which resulted in inaccurate stock counts, leading to overstocking, understocking, and frequent errors in inventory data. Inaccurate inventory data caused delays in fulfilling customer orders, which impacted overall supply chain efficiency. Inefficiencies in inventory management, such as overstocking or delayed fulfilment, led to increased costs in warehousing, spoilage, and lost sales opportunities.
Here are some of the key challenges faced by a leading frozen food manufacturing company.
Data Entry Errors-Spreadsheet based manual input leading to incorrect inventory records and mismanagement.
Stock Discrepancies- Frequent mismatches between stock available in the warehouse and the count entered in inventory resulted in stockouts.
Time-Consuming-Manual process of data entry led to an increase in daily maintenance tasks and respective report generation.
Delayed Decision-Making- Lack of automation and manual data entry led missed or on-time approvals resulting in production delays.
Missed Orders-Fulfilling the requirement of 400+ vendors had become overwhelmingly difficult.
Labor Costs- Increased manual efforts had an impact on hiring excess workforce.
Storage Costs-Overstocking due to poor inventory visibility can lead to increased storage costs and wastage.
Challenges in Reporting-Manual reports increased errors on analysis and failed to produce accurate reporting and documentation.
Audit Difficulties-Inaccurate records led to audit complications and compliance checks.
A team of experts from Quantzig did a complete review of the inventory management process and within couple of days they were able to propose a robust application which took care of all the pain points of the manual processes and replace them with automated low-code/no-code applications. Here are some of the key features of custom developed Low-Code/No-Code inventory management application.
This case study explores how Quantzig helped a company overcome the challenges of a manual inventory management system by implementing a low-code solution. Download the case study to learn how the client achieved improved accuracy, streamlined processes, reduced costs, and enhanced customer satisfaction
Industry
CPG
Quantzig leveraged a robust technology stack to build our low-code automated inventory tracking system. Key modules and their corresponding technologies include:
Built on a low-code development platform like Microsoft PowerApps, Mendix or OutSystems, providing a user-friendly interface for real-time data visualization and analysis.
Powered by a business rules engine like Drools, Camunda or Microsoft Power Automate enabling the creation and management of automated reordering rules based on predefined criteria.
Integrated with warehouse management systems (WMS) using APIs and data streaming technologies like Kafka or Apache Flink or Microsoft Power BI to ensure accurate and up-to-date inventory data.
A robust database like PostgreSQL or MySQL, Microsoft SharePoint to store and manage inventory data efficiently.
Deployed on a scalable cloud platform like AWS, Azure, or GCP to ensure high availability and performance.
Clients who implemented Quantzig's low-code inventory management solutions experienced significant improvements
Improved inventory visibility and reduced stockouts led to an average 15% increase in annual sales by fulfilling customer demand more efficiently.
Automated workflows and streamlined processes saved clients an average of 10% on operational expenses, freeing up resources for growth initiatives.
Faster order processing resulted in an average 20% reduction in fulfillment time, exceeding customer expectations.
Timely deliveries and improved communication with customers strengthened relationships and loyalty.
Real-time insights enabled proactive inventory management, better purchasing decisions, and improved production planning (for manufacturers).
Quantzig's robust low code no code inventory management solutions demonstrate the power of data analytics and agile development in transforming businesses across industries. By overcoming the limitations of traditional systems, companies can achieve significant improvements in efficiency, customer satisfaction, and overall growth.
Is your business struggling with outdated inventory management? Contact Quantzig today to learn how our low-code solutions can empower your business for success.
