At RTS Labs, we leverage advanced AI solutions to tackle the challenges of the construction industry. Our expert team develops AI-driven strategies to enhance project management, safety, and cost efficiency. Your success isn’t just our goal—it’s the journey we take together.
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Our client, a leading manufacturer in the fiberglass industry, faces significant challenges in managing their raw material supply chain. With orders for thousands of containers of raw materials sourced from overseas suppliers and a lead time of approximately six months, accurate demand forecasting is critical. Ineffective forecasting can result in either overstocking or stock shortages, both of which lead to increased costs and operational inefficiencies.
The client’s current forecasting model, embedded in their ERP system, was failing to provide accurate predictions of customer demand. This often led to two major issues:
Given the complexity of the supply chain—spanning international procurement, multiple warehouses, and intricate manufacturing processes—there was a clear need for a more precise and dynamic forecasting model to ensure efficient inventory management and cost reduction.
We developed a comprehensive solution that tackled both the demand forecasting and supply chain integration aspects of the problem:
If you’re a construction executive interested in learning how AI consulting can help your company achieve its project goals, contact RTS Labs today. We offer a free consultation to discuss your specific needs and how we can help you implement AI solutions tailored to your business.