Prior to using your solution for inventory optimization, we held more than 12 million in stock. We sometimes experienced congestion in production, lack of products that were in demand, or the presence of excess stock.
Six months after we started using the system, the situation improved dramatically. Our stock reserves decreased to 4.5 million due to the gradual reduction of illiquid positions, but sales remained the same. This was a great outcome. In addition, we have reduced the frequency of uneven load production. In the past, it took two-to-three days for our specialists to achieve results by working with hard-to-manage Excel tables. Now, fulfillment of our needs is now performed automatically by simply pressing three buttons.
In sum, our amount of unsold or unused stock decreased, working capital increased, product turnover increased, and the human factor has been minimized.