About Sync Protein
Founded in 2018, Sync Protein is a game-changer in the food industry, meeting the rising demand for sustainable plant-based protein alternatives. Their nutritious products prioritise health and sustainability, offering delicious plant-based protein solutions that tackle environmental challenges. Whether you're an athlete, vegan, or health-conscious, Sync Protein leads the way with versatile and wholesome options, revolutionising protein consumption.
Challenges
Antonin, Sync Protein's head of supply chain, adopts a "less is more" strategy by selling one product, the protein powder, in 8 different flavours like Choco Nutty, French Vanilla, and Iced Coffee.
Despite their flourishing business, they face inventory operation challenges stemming from manual processes, Excel spreadsheets, and data reconciliation across multiple sources. These issues result in inconsistencies between forecasts and stock levels, leading to inefficiencies, increased costs, and missed revenue opportunities.
Commenting on the problems Sync Protein faced before using Prediko, Head of Logistics Antonin Exertier, said:
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How Sync Protein solved this using Prediko
To enhance their inventory management, Sync Protein adopted Prediko's Planning and Purchasing platform, harnessing its AI-driven predictive analytics.
With a swift integration of Prediko, Antonin generated his first reports on best sellers, low sellers and COGS in a few hours. He also forecasted sales and got restocking alerts using Prediko’s AI which accounts for trends, seasonality and customer subscriptions.
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The results
Prediko's Planning and Purchasing platform has brought several positive changes to Sync Protein:
- Improved Forecasting Accuracy: Precise demand forecasts enable better production scheduling and inventory management, minimising overstocking and shortages.
- Time Savings and Efficiency: Automation of inventory processes frees up time for strategic decision-making and core business activities.
- Optimal Order Placement: Prediko optimises order quantities, considering lead time, supplier capacity, and production constraints to prevent excess stock.
- Real-time Insights: Sync Protein gains comprehensive visibility into inventory and supply chain, enabling data-driven decisions and performance tracking.
Read: How Kimaï improved inventory operation efficiency and save 20 hours/week
