Case Study: Aston Martin boosts FTA service levels and cuts safety stock with ToolsGroup

Aston Martin reduces safety stock 18% and lifts FTA to 97.1% with ToolsGroup

Aston Martin faced a challenge from its growing international client base, which demanded higher first-time availability (FTA) of parts across all its vehicle categories without an increase in inventory investment. The luxury automaker turned to its long-term partner, ToolsGroup, to leverage its demand forecasting and inventory optimization solution to meet these new board-mandated targets.

ToolsGroup implemented an advanced machine learning engine into its existing solution, which analyzed historical data to identify eight new categories of demand behavior. This allowed for more accurate forecasting and the daily automated tuning of safety stock levels for 80,000 SKUs. As a result, Aston Martin immediately improved FTA to 97.1% and reduced the inventory value of its safety stock by 18% within just two months, achieving its goals without impacting the bottom line.

Aston Martin