Case Study: Global Eyewear Co reduces stock by 10% with ToolsGroup inventory optimization

Global Eyewear Co cuts stock levels by 10% with ToolsGroup

Global Eyewear Co., a global eyewear company, faced the challenge of intelligently managing its vast and expanding inventory across numerous SKUs and distribution channels. They needed to maintain high service levels while avoiding excess stock, especially while managing high seasonality and varying product lifecycles. To address this, they selected ToolsGroup's service-driven inventory optimization solution.

By implementing ToolsGroup's solution, the company was able to strategically optimize its stock levels across its entire distribution network. The results were significant, including a 10% reduction in stock levels while maintaining high service, a 50% reduction in manual planning intervention, and a subsequent increase in service levels. Following this success, the ToolsGroup solution was extended to spare parts, achieving a 98.5% service level and an 80% reduction in back orders without increasing inventory.

Global Eyewear Co