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  1. LTIMindtree is now LTM | It’s time to Outcreate
  2. Insights
  3. Enhancing the customer experience by modernizing a leading North American bank's contact center

Material NxT brings visibility and efficiency to the E2E supply chain

Sep 04, 2022

  • Background
  • Challenge
  • Solutions
  • Benefits
  • Background
  • Challenge
  • Solutions
  • Benefits

Background

Given that providing a critical commodity such as electricity affects the lives of citizens and livelihoods of businesses, the client needed end-to-end visibility into its supply chain—from its factory to storage sites to tower locations.

Challenge

The company’s factory, storage sites and tower locations were spread over a huge geographical area. Throughout the enterprise, multiple subcontractors were used and a wide variety of materials was handled. Materials moved through the sites without transparency, leading to deficient demand planning and an inefficient supply chain. The challenges have been listed below:

  • The factory lacked the ability to track production status, material coding and storage, bundling and kitting status, dispatches and actual versus planned dispatches.
  • The storage sites didn’t know the number of full towers, dispatch status, where to store and how to reconcile records to ensure accuracy.
  • The tower locations were coming up short in determining where its materials were located, how much stock was available in storage and whether it had received all its requested merchandise.

Solutions

To overcome these challenges, the Material NxT platform was leveraged to fully integrate a track-and-trace solution that manages materials across the company’s supply chain in real-time—from anywhere. The solution includes intuitive dashboards that make it easy to accurately monitor material availability, location, utilization, and reconciliation. This provides the client the information they need to work efficiently and ensures end-to-end supply chain visibility from the factory to the final consumption points. The solution comprises:

  • Physical tagging of material
  • Kitting & bundling of material
  • Geo-tagged stock locations
  • Mobile app for indents, receipts, issues and audits
  • Online reports of inventories

Benefits

The power company imp roved its demand planning by 15% and infused E2E supply chain efficiency into its complex operation. By working with the Material NxT team, the client achieved multiple benefits, including:

  • End-to-end supply chain visibility f rom the factory to consumption points
  • Reduced pi lferage and stock-out situations
  • Timely indents and reconciled stocks
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Case Study
calendar June 3, 2024
Modernize Your Workloads on Snowflake with PolarSled
David Althoff
Chief Business Officer, Insurance

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