Case Study: Libby's Saves 15% on Mandarin Purchases with Helios AI

Libby's saves 15% on mandarin purchases with Helios

Libby's, a leading brand of canned fruits and vegetables, faced challenges in sourcing produce due to volatile climate patterns affecting the global supply chain. To ensure a stable supply at reasonable prices, their procurement team partnered with vendor Helios to leverage its predictive tools and CommodiTrackTM dashboard.

Helios's analysis forecasted extreme rainfall in key mandarin-growing regions of China, predicting a future price increase. Based on this intelligence, Libby's purchased a year's worth of supply earlier than planned. Six weeks later, mandarin prices had increased by 15%, resulting in millions of dollars in savings for Libby's and securing their product supply thanks to Helios's proactive solution.

Libby's