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PREDICTION OPTIMIZATION: Packaging Box Replenishments

Home case_study PREDICTION OPTIMIZATION: Packaging Box Replenishments

Business Problem:

The client needed to optimize their semi-automatic packaging operation at a large warehouse by forecasting, inventory management, and route optimization.


Solution:

The solution involved forecasting consumption rates for different box sizes at different counters during peak and off-peak periods, determining to reorder times and levels based on packaging completion rates and consumption rates, and optimizing paths for replenishing boxes at different counters.


Benefits:

The optimization led to improved efficiency in packaging operations, reduced waste, and optimized inventory management, resulting in cost savings for the client.