ToolsGroup
132 Case Studies
A ToolsGroup Case Study
Bellota, a manufacturer of hand tools for farming, garden, and construction markets, faced a supply chain challenge due to a growing product portfolio. To assess its performance with a new availability rate KPI, the company needed a tool to help achieve its objectives. Bellota turned to ToolsGroup for a demand forecasting and inventory optimization solution to increase product availability while reducing inventory.
By implementing the ToolsGroup solution, Bellota was able to optimize its stock-to-service curve and improve its forecasting processes. The results were significant, as ToolsGroup helped the company increase its worldwide availability rate from 93% to 96%, reduce total inventory by 14%, and improve forecast reliability in just four months.