Cogniplan

Inventory Optimization for a Mining Giant

One of the largest mining companies, managing critical operations across multiple remote sites with a centralized inventory holding.

Book a Demo

Results & impact

$0.5 M

Inventory Saved

Demonstrated tangible ROI

without operational risk

6.25%

Inventory Optimization in just 4 months

Improvement in planning

visibility and reorder accuracy

Business Challenge

Inventory value: $8 Million
High Inventory Days: ~54
Lack of data-driven forecasting led to excess stock and working capital lock-in.

Solution & Execution

Deployed DPT across priority categories.
Leveraged historical consumption, lead times and replenishment patterns.
Enabled soft recommendations to guide procurement decisions without disrupting operations

Conclusion

Cogniplan enabled a shift to data-driven inventory control with clearer visibility and accurate reorder decisions. The client is now positioned to maintain leaner, more efficient operations.

Knowledge Hub

Your Destination for Smarter Procurement Thinking

Welcome to the Cognilix Knowledge Hub — a curated space for procurement leaders, sourcing professionals and supply chain strategists to stay ahead with insights that drive impact.

10 Effective Supply Chain Risk Management Strategies for Every Business

May 28, 2026

10 Effective Supply Chain Risk Management Strategies for Every Business

Read More
What is Tail Spend Management - Strategies, Benefits, Challenges, and Best Practices

May 21, 2026

What is Tail Spend Management - Strategies, Benefits, Challenges, and Best Practices

Read More
Different Types of Quotations and How to Manage Them

May 18, 2026

Different Types of Quotations and How to Manage Them

Read More
What Is a Purchase Order - Meaning, Process, Types, and Everything Explained

May 7, 2026

What Is a Purchase Order - Meaning, Process, Types, and Everything Explained

Read More
What Is ABC Analysis in Inventory Management - Importance, Formula, and Examples

May 6, 2026

What Is ABC Analysis in Inventory Management - Importance, Formula, and Examples

Read More
Top 10 Best Stock Control Techniques for Better Inventory Management

April 29, 2026

Top 10 Best Stock Control Techniques for Better Inventory Management

Read More