BOSTON – April 20, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization, has partnered with Gaviota, the automated sun and shutter specialists, to fuel its supply chain planning transformation, resulting in significantly reduced inventory levels, increased customer satisfaction, and substantial business benefits.
By implementing ToolsGroup Service Optimizer 99+ (SO99+), Gaviota has achieved the supply chain trifecta – lower inventory, higher service levels, and improved operational performance. Thanks to ToolsGroup Demand Forecasting and Planning and Inventory Optimization, the manufacturer has:
- Raised service levels for top items from 70% to 95%
- Reduced stock levels from 61 days in inventory to 35 days, a reduction of approximately 43%
- Improved production performance by 37%, increasing factory-to-sales service levels from 60% to 82%