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manufacturing

Transforming Sustainability: Thyssenkrupp's Supply Chain Revolution

Thyssenkrupp Materials Processing Europe

25%
Reduction in stock-outs
Thyssenkrupp reduced stock-outs significantly, ensuring better availability of materials.
30%
Forecasting accuracy improvement
The implementation of AI tools improved demand forecasting accuracy by 30%.
15%
Operational cost savings
Operational costs were cut by 15% due to increased efficiency in supply chain processes.
20%
Sustainability score increase
The company's sustainability score improved by 20%, reflecting more eco-friendly operations.

// THE CHALLENGE

Thyssenkrupp faced challenges in managing its supply chain efficiently due to variability in demand and limited visibility over inventory. This led to increased costs and difficulties in sustainability efforts, making it hard to plan effectively.

// THE SOLUTION

To address these challenges, Thyssenkrupp implemented advanced analytics and machine learning tools. These technologies enabled better demand forecasting, improved inventory management, and enhanced planning capabilities, leading to a more sustainable supply chain.

"The intelligent supply chain solution has transformed our operational capabilities."
Johannes H. C. Schneider
Chief Operations Officer

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