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.

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.

5 Benefits of Vendor Managed Inventory in 2026 - Comprehensive Explanation

July 10, 2026

5 Benefits of Vendor Managed Inventory in 2026 - Comprehensive Explanation

Read More
Highly Recommended Software for Inventory Management and Planning in 2026

July 10, 2026

Highly Recommended Software for Inventory Management and Planning in 2026

Read More
Top 10 Quality Control Techniques: Understand Types and Best Methods

July 3, 2026

Top 10 Quality Control Techniques: Understand Types and Best Methods

Read More
What Is RFI In Procurement? Meaning, Examples, And Use Cases

June 25, 2026

What Is RFI In Procurement? Meaning, Examples, And Use Cases

Read More
RFQ vs RFP - What Are the Key Differences?

June 19, 2026

RFQ vs RFP - What Are the Key Differences?

Read More
Top 10 Expense Management Strategies Every Business Must Follow

June 10, 2026

Top 10 Expense Management Strategies Every Business Must Follow

Read More
Talk to an Expert