Saving $21M Through AI-Driven Supply Chain Optimization
Overview
A global energy and logistics enterprise required a real-time solution to monitor and forecast lubricant inventory across multiple sites. ImagineX designed a state-of-the-art analytics platform integrating industry sensors, providing 24/7 visibility, proactive alerts, and predictive demand forecasting accessible anytime, anywhere.
Problem
Limited supply chain visibility created operational inefficiencies.
Manual gauging and forecasting errors increased safety risks.
Urgent orders and administrative workload strained resources.
Lack of proactive monitoring increased risk of inventory run-outs.
Needed a sensor-agnostic solution integrating multiple vendor devices.
Solution
ImagineX deployed a hybrid cross-location team to design and implement a human-centric web application and end-to-end service framework. The platform ingested IoT sensor data from multiple vendors, ensured API compliance, and leveraged Databricks and Azure for predictive analytics. Role-based dashboards provided transparency for internal stakeholders and distributors, while a custom reorder algorithm and ML forecasting model predicted demand up to two months in advance.
Outcome
Successfully launched MVP and V1.0, with ongoing onboarding for customers and distributors.
Projected $21.4M in cost savings over five years.
Monitored over 6,400 tanks across the U.S. supply chain.
Enabled visibility and proactive management for 105 companies and 266 active users.
Demonstrated at industry trade events, driving interest for expansion to additional regions.
Technology Consulting
Technology Consulting
Service Design
Cloud Development
Data Engineering
Software Team
Product Manager
Cloud Engineers
Data Scientists
UX/UI Designers
Technologies Used
Databricks
Microsoft Azure
IoT Sensors (multi-vendor APIs)