Review on Celonis Schaeffler AG.

We use Celonis for our Inventory Management process. Our main problem, which triggered us to look into Inventory Management, was high inventory levels, as many manufacturing companies in the industry face. We identified that planning parameters in our plants are irregularly updated, often based on limited data and experience, which leads to excess stock. We built a Material Insights solution using Celonis, customized it to our process, and focused primarily on identifying materials where we can reduce safety parameters. We then received recommendations from Celonis on safety parameters based on statistical analysis. Ultimately, this contributes to reducing excess stock and increasing free cash flow and warehousing capacity. In addition to this, we also examine orders that can be canceled and released, conduct premium freight analysis to assess supplier behavior, and review claim costs.

Definitely - we are very happy to work with our colleagues who support us as a Value Engineer, the Account Executive, and our team. We can reach out if we have any technical or use-case-specific questions. Additionally, we utilize Celonis Academy within our company, as well as some marketing documentation.

In reducing inventory, maximizing transparency, triggering a data-focused approach in decision making, being proactively open for improvement, and generating P&L value on top.