This is an example of significantly improved order processing efficiency through "automated demand forecasting and visualization of future inventory."
We would like to introduce a case study of the implementation of the "Φ-Pilot Series" at Seiko Time Lab Co., Ltd. Previously, demand forecasting was merely an extension of simple average shipment volumes, which led to risks of stockouts and excess inventory when there were peaks in demand throughout the year. After the introduction of our product, we successfully standardized operations, allowing for smooth handovers between order managers, improved accuracy in demand forecasting, and easier maintenance of appropriate inventory levels. The ability to visualize and share information among team members enhanced the quality of meetings, resulting in shorter meeting times and easier decision-making regarding orders. [Case Overview] ■Challenges - Each product category was managed by individuals relying on their experience for ordering, leading to a lack of standardization. ■Implementation Effects - Successful standardization of operations. - Smooth handovers between order managers. - Dramatic changes in the style of ordering meetings.
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【Key Points of the Case】 ■Standardization and Visualization of Operations ■Improvement of Productivity in Ordering Meetings ■Reduction of Document Preparation Time ■Optimization of Inventory through Improved Forecast Accuracy ■Introduction of Standard Functions → Version Upgrade Support
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Our company continues to plan and develop solutions for supporting operational tasks in the planning system [PSI and supply-demand adjustment] and execution system [sales logistics management] of SCM with a unique solution concept, providing products and solution services. Looking towards the future, we have set our corporate mission as "From administrative processing and manual work to business reform and value creation" to accelerate the shift away from the personalized work styles in SCM operational tasks and to achieve operational transformation. ■ Solution Concept ● Modeling the "ideal state" of operational tasks through three axes of innovation: - Organized… Information sharing and business linkage among related business organizations - Optimized… Optimization and standardization of business processes - Operation… Advancement and automation/semi-automation of decision-making tasks ● Continuously developing product models of the "ideal state" and providing unique solution services ● Promoting our customers' business reform and supporting value creation In 2022, the number of companies introduced exceeded 100, and case studies demonstrating concrete value creation such as inventory optimization, cost reduction, sales expansion contributions, and work style reform have been published.
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