Case Study: Franke reduces forecasting time and improves accuracy with ToolsGroup

Franke cuts forecasting time by 50% with ToolsGroup

Franke, a world-leading provider of kitchen and bathroom solutions, faced extreme supply chain complexity due to its tremendous growth. With 42 locations, 125,000 SKUs, and 17 different ERP systems, its demand forecasting and planning processes were no longer optimal. To tackle this, Franke partnered with ToolsGroup to implement its demand forecasting and planning, inventory optimization, and replenishment solutions.

ToolsGroup's solution provided a probability-based forecast and integrated with Franke's SAP system via its Demand Collaboration Hub. This allowed a global team of two to manage the project and enabled 100 local planners to collaborate. The results included a 50% reduction in planning time, an 8-point increase in forecast accuracy, and a reduction of seasonal inventory peaks, giving Franke confidence in managing its complex supply chain.

Franke