Goodpack is a world leader in steel Intermediate bulk containers (IBCs), a multi-modal, reusable metal box system that provides packaging, transportation, and storage for global industries. Goodpack owns and operates more than 4 million IBCs across 78 countries at 442 depots, 352 ports, and 8,031 customer locations.
An IBC is a large vessel that stores or transports fluid and bulk materials. Goodpack rents IBCs to customers. Customers rent IBCs, with Goodpack delivering the IBC to the customer's specified location and retrieving it on rental expiration.
Identifying customer demand, locating inventory in the right location, delivering the IBC and retrieving IBCs involves a complex series of decisions. Goodpack’s primary challenges were to improve asset utilization, reduce unproductive transport costs and decrease delayed or lost revenue.
To address these challenges, Goodpack retained Antuit to transform their global S&OP process. The existing planning team lacked an analytical decision support engine that could enable optimal business decisions and as a result, drive effective sales and operations planning/ S&OP cycle.
Antuit deployed its planning and analytics platform, OPTIMUM, to address these challenges.
Antuit assembled a team of business consultants, statisticians, operation research scientists, and technologists to build the solution. The team combined technology, science and domain expertise to transform the client’s S&OP process radically and unlock value.
Goodpack received sustainable and significant value through Antuit’s unique ability increase revenues and margins that yielded these results:
OPTIMUM is Antuit’s cloud-based planning and analytics platform built for modern data-driven digital supply chains. Some salient features include: