Case Study: Needed increases gross margin and improves forecasting accuracy with Toolio

Needed increases gross margin by 80% with Toolio

Needed, a leading nutrition brand specializing in scientifically-backed supplements, faced challenges with manual inventory and financial planning in Excel. This made it difficult to track margins, analyze cost trends, and efficiently answer leadership questions about profitability shifts. To address this, they turned to Toolio for its merchandise and item planning platform.

By implementing Toolio, Needed gained real-time SKU-level insights and automated reporting capabilities. This enabled the team to quickly identify cost fluctuations, optimize procurement, and make proactive, data-driven decisions. As a result, Toolio helped Needed achieve a significant increase in gross margins, an 80% reduction in manual effort, and a 50% improvement in forecasting accuracy.

Needed