Case Study: MicroVention achieves 28% higher forecast accuracy and 90% reduction in forecasting effort with Vanguard Software Corporation

Distributor sees 28% increase in forecast accuracy

MicroVention, a global medical device company, faced rapidly growing unit sales and product-line complexity that outpaced its manual, spreadsheet-based forecasting and planning processes. To reduce forecast effort, improve accuracy, and lower production costs, MicroVention selected Vanguard Software’s Vanguard Predictive Planning platform to replace error-prone, time-consuming workflows.

Vanguard Software implemented an automated, enterprise forecasting solution with best‑in‑class statistical methods, dynamic reporting, and easy override workflows, enabling planners to spot trends, manage new product introductions, and improve production scheduling. The results: one-year payback, a 90% reduction in labor hours for forecast preparation, forecast cycles cut from weeks to minutes, a 28% increase in forecast accuracy, 12% better order fulfillment, and a 9% reduction in error-related operating expenses (with an expected 15–20% inventory carrying cost reduction from the planned Supply Planning module).

MicroVention

Farhan Jama

Sr. Manager for Operational Excellence