A Mining Giant Cut Excess Stock and Optimized $8M Inventory with a Data-Driven DPT for Accurate, Seamless Procurement
Our client
The client is one of the world's largest mining companies, operating critical extraction and processing operations across multiple remote sites globally. With a centralized inventory holding model supporting complex procurement across heavy equipment, spare parts, and consumables, maintaining optimal inventory levels without stockouts or excess working capital lock-in was critical to uninterrupted operations.
Business Challenges
Inventory value of $8 Million with high Inventory Days of ~54
Lack of data-driven forecasting led to excess stock and working capital lock-in
Solution
Explore how Cogniplan by Moglix turns reactive inventory planning into a data-driven, AI-recommended procurement process.
IMPACT AT A GLANCE
20%
reduction in Inventory Days within one year of go-live
