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Supply Chain Optimization and Predictive Analytics
Bob Chicvak utilizes predictive analytics to optimize the complete supply chain. His work includes: inventory reduction while increasing customer service levels, customers at risk of churn, SKU rationalization, promotion effectiveness, product mix and predictive maintenance. A recent project at a CPG client reduced inventory 22% while increasing the order fill rate up to 95%. Another site identified the top 50 customers at risk of churn and identified the most effective promotions, saving over $1.1 M. Using market basket analysis he developed a model to optimize the product mix for promotions. He has implemented business optimization systems in distribution and manufacturing companies over the last 30 years.
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