Case Study: Nashua boosts product availability to 95% with ToolsGroup

Nashua lifts product availability to 95% with ToolsGroup

Nashua, a supplier of office automation systems managing a central warehouse for over 55 dealer franchises, faced significant inventory challenges. Prior to ToolsGroup, its manual processes led to poor visibility, a high rate of human error, and over $1 million in annual write-offs of redundant stock. The company sought ToolsGroup's demand forecasting and inventory optimization solutions to automate its replenishment process, reduce inventory, and increase product availability.

By implementing ToolsGroup's solutions, Nashua automated its previously manual forecasting and replenishment. This enabled daily analysis and reporting instead of monthly, dramatically improving reaction times. The results were a rapid increase in product availability from 70% to 95%, a 50% reduction in stock-outs, and a 50% growth in sales. ToolsGroup provided the accurate planning needed to optimize inventory and enhance overall business performance.

Nashua