Cementos Argos to Harness the Power of AI with Slimstock

Cementos Argos, one of Colombia’s leading producers and distributors of cement and concrete, is set to transform its supply chain by leveraging AI to optimise the replenishment of supplies and spare parts, reducing excess stock and supply chain inefficiencies.

With nearly 90 years of experience in the industry, Cementos Argos stands as Colombia’s largest producer of cement and concrete and one of the top companies in the Americas. Following its success in the region, the company merged its US operations with Summit Materials, a New York Stock Exchange-listed firm.

Today, the cement and concrete producer employs 3,600 people across its operations in Colombia, with six cement plants, 39 concrete plants, three aggregate plants, and 24 destination ports spanning 16 countries. In 2023, Cementos Argos dispatched 5.8 million tonnes of cement in Colombia, exporting to 28 global destinations.

Overcoming Supply Chain Challenges

Managing working capital investment in supplies and spare parts for heavy machinery—while avoiding obsolescence and responding to the sporadic demand for maintenance, repair, and operations (MRO) supplies—represents a significant operational challenge.

To tackle these challenges, Cementos Argos Colombia will adopt Slimstock’s advanced supply chain planning platform in its Colombian operations, ensuring rapid and effective replenishment across its MRO operations.

Finding the Right Partner

To support this supply chain transformation, Cementos Argos Colombia selected Slimstock. The company’s proven track record, coupled with its extensive experience in the mining sector and other industries where MRO management is critical, was pivotal in the decision-making process. With Slimstock’s AI-driven planning platform, Cementos Argos will gain greater visibility across its end-to-end network, enabling the company to achieve optimal inventory balance.

Dora Paulina Gómez, Inventory Leader at Cementos Argos, commented on the partnership: “We believe Slimstock will play a crucial role in helping us optimise our inventory of supplies and spare parts, align our processes, and ultimately achieve our strategic goals from this perspective. This project will be a key step in strengthening our position in the industry.”