Case Study: Personal Care Giant Company saves $500K year-on-year with TheMathCompany's forecasting tool

Enabled A Personal Care Giant to Save $ 500K Year-on-Year Using a Forecasting Tool

Personal Care Giant Company, a multinational personal care brand in North America, needed to replace its off-the-shelf forecasting tool with a more transparent, customizable planning solution. The company wanted to build long-term forecasts for 30+ product categories across the US and Canada, better incorporate business judgment, and account for the impact of COVID-19. TheMathCompany provided its Co.dx planning and forecasting tool to address these needs.

TheMathCompany implemented a customized forecasting application with long-term forecasts, driver analysis, and a simulation dashboard that let category managers input judgments directly. Using Co.dx’s pre-built blueprints and configuration capabilities, the solution was built for 40+ categories in half the usual time, improved forecast accuracy by 5–8%, and helped the customer save about $500K year-on-year.