Predictive Analytics to proactively predict life, consumption, and auto-ordering of consumables for the world’s fastest cut-sheet, color inkjet printer.

GOAL

Customer should never run out of consumables, should never have to overstock, and should never have to spend time ordering consumables or analyzing inventory.

CHALLENGE

The company was working for 5 years on their innovative, world’s fastest, and latest industrial printer. They wanted this printer to accurately predict consumption and life of consumables, such as ink, toner, and printhead. If we could do that, the printer could itself timely reorder based on consumption, workload, schedules, cyclicality, and other parameters and ensure uninterrupted, efficient performance. This would save end customers ordering effort as well as loss of productivity and quality issues.

SOLUTION

WE CAME, WE SAW, WE SOLVED

Created a model that analyzes and learns the consumption patterns, seasonality, cyclicality, work type, and workload of every customer at the printer-level. The data was translated into predicting ordering needs at daily basis.

RESULTS

  • Lower cost for both customers and the company.
  • Better customer satisfaction.
  • Increase in consumables revenue by almost 30%.
katapultPredictive Analytics