Customers: Baltika Brewery Company Contractors: Corus Consulting Product: IT outsourcing projectsProject date: 2025/01 - 2025/03
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2025: Audit of Finished Product Production and Distribution Planning Processes
Experts of the Korus Consulting Group conducted a comprehensive audit of the processes for planning the production and distribution of finished products for the Baltika brewing company. The developed recommendations, as well as the model of target reserves and operations, formed the basis of a prototype analytical tool, which is implemented on the basis of the existing IT landscape of the company. This approach will help optimize inventory and free up storage space without compromising service levels. Corus Consulting announced this on April 4, 2025.
As part of the strategy of continuous improvement of operational efficiency, Baltika management decided to revise the approach to managing stocks of finished products. The Company strives to improve product release and distribution planning processes to ensure a high level of service and efficient inventory and storage management. For a comprehensive audit of business processes and the IT landscape, Baltika turned to KORUS Consulting Group of Companies.
The project was carried out in 2.5 months by KORUS Consulting experts analyzed the supply chain operation schemes from production to final shipping warehouses, identified product, production and client specifics important for the implementation of an effective management scheme, and studied the current planning and inventory management processes. As a result, the specialists formulated recommendations for Baltika on the transformation of inventory management processes and methods, modeled the actions of the recommendations on the full scope of historical data and showed a significant potential business effect.
Within the framework of the KORUS Consulting project, he developed a mathematical model of the target volume of reserves and operations, which allows assessing the economic effect of the implementation of the proposed changes. Using this model, experts identified key areas of optimization: the use data of operating classes to redistribute stocks between warehouses of different levels and to adjust insurance and current stocks. The experts also calculated the target stock volume at various service levels and checked the possibility of revising the release schedule of finished products to increase turnover for products with the largest share of sales.
As a result of the audit, it was possible to identify the potential for reducing inventory and optimizing warehouse space without compromising service level. The mathematical model developed by KORUS Consulting specialists became the basis for creating an analytical tool based on the company's IT landscape. In the current ERP system, the functionality will be improved to allow the necessary calculations. The project was an important step in the implementation of Baltika's strategic initiatives and created opportunities for further improvement of planning and inventory management processes.
The introduction of new approaches will allow flexible inventory management, and the developed mathematical model will become a tool for assessing the effectiveness of changes. This will help improve inventory management processes and maintain a high level of service for our customers. We are grateful to KORUS Consulting for its work, and we can confidently say that the project has opened up new opportunities for building effective business processes in our company, "said Dmitry Sergeyev, Logistics Director of the Baltika Brewing Company. |
Inventory optimization is a key step towards improved operational efficiency, lower costs, and accurate planning. Big business needs solutions with a proven economic effect, which give a fast, measurable result, free up working capital, allowing resources to be redirected to strategically important tasks. The audit of inventory management processes and methods helps to identify ineffective moments in internal processes and develop tactics for introducing changes, "added Denis Saltykov, head of the practice of improving the operational efficiency of KORUS Consulting Group. |