Case Study: Spar Gran Canaria reduces inventory by 13% with ToolsGroup

Spar Gran Canaria reduces inventory by 13% with ToolsGroup

Spar Gran Canaria, a retailer based on the Canary Islands, faced a major challenge when mainland suppliers changed their distribution policies and stopped delivering directly to point-of-sale locations. This shift, combined with plans to more than double their centralized product catalog, threatened to overwhelm their logistics team and cause unnecessary inventory growth. To address this, they partnered with ToolsGroup and implemented its demand forecasting, inventory optimization, and replenishment solution to redesign their planning processes.

The ToolsGroup solution provided a daily, detailed forecast that incorporated promotional activities and other variables to determine inventory requirements. This enabled Spar Gran Canaria to efficiently absorb their significant portfolio growth. As a result, ToolsGroup helped the retailer achieve a 13% reduction in inventory within just six months while maintaining service levels, and provided the procurement department with greatly increased visibility and control.

Spar Gran Canaria