Case Study: Olis achieves 30% higher turnover ratios with AGR Dynamics

Improving turnover ratios in the retail industry

Olís, one of Iceland’s largest retail corporations, needed a better way to manage demand and inventory planning across more than 10,000 SKUs and 60 service stations. Before working with AGR Dynamics, purchasing was based on manually adjusted min/max parameters, stock levels were too high, and the team spent too much time managing inventory. The company used Microsoft Dynamics NAV.

AGR Dynamics implemented its planning solution in Olís’ distribution centers to automatically select the best forecasting method and generate order proposals, reducing manual work and improving visibility. As a result, Olís increased turnover ratios by 30%, improved service levels, and saved valuable time in the buying process; the system is now being rolled out across all service stations.

Olis

Sigurdur K. Pálsson

Purchasing Manager