L&T’s Construction and Mining Business faced challenges managing 70,000 spare parts across 100+ locations manually, leading to errors and time-consuming processes. The L&T SAP IBP solution optimized inventory management by automating forecasting based on service meter readings and balancing stock levels, improving forecast accuracy to ~75% and maintaining a high First Pick Rate (>95%). This led to operational efficiency, reduced obsolescence (<1%), and better cash flow. - 5406
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