Case Study: Nashua achieves 95% product availability with ToolsGroup

Nashua boosts product availability to 95% with ToolsGroup

Nashua, a supplier of office automation systems, faced challenges with manual purchase order generation and inventory management using spreadsheets, leading to suboptimal stock levels, slow replenishment processes, and over $1 million in annual redundant stock write-offs. To overcome this, they implemented ToolsGroup's Demand Forecasting and Inventory Optimization solutions to automate their processes.

By implementing ToolsGroup, Nashua automated its replenishment and began running daily forecasts instead of monthly ones. This resulted in product availability increasing from 70% to 95% within five months, a 50% reduction in stock-outs, and a 50% growth in sales, while also dramatically reducing manual effort and redundant inventory.

Nashua