Honda Trading Asia
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Blue Yonder Inventory Optimization was a pivotal element in Honda Trading Asia’s supply chain transformation. Combined with Blue Yonder Demand and Supply Planning, it can accurately forecast demand and adjust inventory levels to optimize inventory performance and meet market fluctuations. This strategic shift not only minimizes supply chain risks, but also significantly reduces expediting costs and improves overall service delivery.
Honda Trading Asia is experiencing notable improvements in operational efficiency and decision-making processes due to the automation of manual tasks and the unification of previously fragmented data sources. The company is focusing on cost management strategies that have led to a decrease in unnecessary expenditures through optimized inventory levels, and have shown an increase in customer satisfaction as a direct result of its updated operations.
A key success factor of the successful implementation was the role of Blue Yonder partner Nexus, which provided strategic integration and rigorous data management services. Nexus actively addressed the business challenges Honda Trading Asia Co., Ltd. aimed to solve with Blue Yonder solutions and provided step-by-step guidance to achieve its goals.
Looking ahead
Blue Yonder has helped Honda Trading solve immediate challenges such as monitoring customer buying behavior, right-sizing inventory and optimizing postponement and replenishment supply chain strategies. It has also positioned the company toward achieving long-term operational excellence and played a critical role in Honda Trading Asia Co., Ltd.’s ongoing commitment to enhancing customer service across Thailand, Vietnam, Taiwan and the Philippines.
