The client is a global waste tyre management company that focusses on collection of scrap tyres in huge stocks from small vendors and manage its disposal either by re-use, re-cycle or recovery processes.
They relied on a manual system for pick-up and disposal of tyres that was time-consuming, erroneous and cost-heavy.
Limited access to historical data led to inaccurate trend analysis or demand fluctuations. Information gaps on truck availability, stock, customer attrition, growth in the service area, competition, etc. affected the overall process efficiency. Consolidation of data captured through varied sources spread across multiple systems was another challenge.
Without an integrated view of the entire supply chain, the company was unable to build a brand loyalty and optimize cost. They partnered with Hitech Analytics to develop an intelligent route optimization based on order forecasting to:
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Hitech Analytics team designed a route optimization solution with the help of accurate order forecasting to streamline operations, consisting of:
Hitech Analytics team took the following steps to address data quality, quantity, and consolidation issues:
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