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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

Revolutionizing the Supply Chain Planning Process through Kinaxis

Oct 02, 2023

  • Client
  • Challenges
  • LTM Solution
  • Business Benefits
  • Client
  • Challenges
  • LTM Solution
  • Business Benefits

Client

The client is a multinational conglomerate known for their innovations in technology related to control systems, automation, and industrial process control. Their products support complex systems in their reliable functioning throughout the product life. They operate in various sectors, including aerospace, industrial, and automotive. 

Challenges

The rapidly changing environment was affecting the supply and demand scenarios simultaneously. To improve business performance, the client wanted to gain visibility and synchronize the otherwise disjointed planning processes. The challenges they faced were as follows.

  • No clear visibility of the supply chain processes.
  • Slow planning process as data was spread across multiple siloed sheets.
  • Absence of decision simulations capability to foresee the impact.
  • No process to account for resource constraints in planning.
  • Lack of insights regarding shortages, production schedules, and resource availability. 

LTM Solution

LTM created targeted recommendations across supply and demand planning and laid out an extended execution plan to enhance the customer’s supply chain strategy. We enabled the transformation of the supply chain process on the data-driven Kinaxis platform to deliver business value.

The planning capabilities implemented across the supply chain processes included -

  • Developing demand planning capabilities while leveraging statistical forecasting. 
  • Evaluating and configuring an end-to-end supply plan comprising material planning, zone allocation, and capacity planning.
  • Configuring real-time unified graphical dashboards incorporating “What-if” scenario analytics with a user-configurable interface. 
  • Enabling collaborative functionalities throughout the sales and operation planning processes, presenting the results through business scorecards and metrics dashboards. 

Business Benefits

  • More than US$ 12 million of worth supply shortages mitigated.
  • Increased visibility by tracking 12 business KPIs in real time.
  • 80% Faster supply chain decisions
  • Up to 90% increased agility through single-platform collaboration.

 

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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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