A Shipping/Logistic Company

Revenue: USD 100 Million
  • Difficulty in creating consolidated forecast and plan for diverse product types and shipping regions
  • Pool management of various product types, including planning for repairs, losses, scrap, and new additions was manual and cumbersome.
  • Net asset value calculations, wastage calculation and gains and losses owing to exchange rates were difficult to perform and maintain manually
  • Solution integrated the planning system with the Asset register for up-to-date asset information for all categories across shipping regions
  • Planners could update the pool assumptions based on historical data as well as judgement to create asset pool forecasts
  • Depreciation calculations using Written Down Value was performed and accumulated Net asset value was booked automatically based on inputs.
  • Better visibility to asset management and costs
  • Multi-region consolidated view of assets including movement of assets could be planned easily