Case Study: an Industrial Packaging Company improves forecast accuracy with Prevedere

Industrial Packaging Company - Customer Case Study

An industrial packaging company faced the challenge of volatile demand and missed forecasts across its steel, plastic, paper, and cardboard product lines. To address this, it partnered with Prevedere to identify key geographic leading indicators and integrate them into its planning process.

Prevedere's AI/ML solution and global data identified predictive external signals, which were used to build continually updating forecast models. This resulted in a 98.4% average 12-month forecast accuracy, a 75% reduction in data gathering time, and millions saved through reduced excess inventory. The company now uses Prevedere's smart dashboard for all organizational planning and monthly operational meetings.