BIA Technologies Optimizes Inventory Management for Lazurit

2024: Warehouse Inventory Management Automation

BIA Technologies has optimized inventory management for Lazurit. This was reported to BIA-Technologies on September 18, 2024.

The solution analyzes the assortment and identifies problem commodity groups, automatically generates orders, optimizes the scheme and calendar of movements between warehouses. Proactive demand forecasting helps keep the company running smoothly.

Before contacting BIA Technologies, Lazurit faced difficulties caused by the lack of modern analysis and planning tools: imbalance of inventories, errors due to the use of outdated tools in manual mode, insufficient consideration of planning parameters - warehouse capacity, cargo capacity of trucks and completeness of orders.

It is important for every business to provide the right amount of goods at the right time at every stage of the supply chain with minimal cost. With the implemented system, we were able to optimize Lazurit replenishment schemes from external suppliers, which increased the transparency of processes and reduced the impact of the human factor. As a result, the time for forming orders was reduced from 4 hours to 20 minutes, - said Alexander Volovik, Commercial Director of BIA Technologies.

Poor inventory management can lead to lost profits and supply disruptions. BIA Technologies specialists helped automate the calculation of the demand forecast and the picking of orders for production and suppliers. We also recorded an increase in the level of satisfaction with consumer demand, - said Mikhail Smirnov, director of information technology at Lazurit.