SpainManufacturing2023 – ongoingGaviota
AI demand forecasting and inventory optimization
Gaviota reduced inventory from 61 days to 35 days, according to ToolsGroup
Problem
Gaviota's broad product range and seasonal demand made supply planning difficult. Maintaining availability tied up working capital in inventory.
Approach
Gaviota implemented ToolsGroup Service Optimizer 99+ for demand forecasting and inventory optimization. Planners used the system to balance stock investment against service targets.
Results
Takeaway
The reported inventory reduction accompanied improved production performance. ToolsGroup did not disclose a controlled comparison separating the software's contribution from other changes.
Categories
- Industry
- Manufacturing
- Business function
- Logistics and supply chain
- Innovation type
- Process innovation
- AI technology
- Predictive analytics and MLOptimization
- Adoption
- Vendor solution
- Evidence
- Vendor case study
Sources
Source summaries
ToolsGroup reported Gaviota's use of its forecasting and inventory-planning software. It claimed inventory fell from 61 days to 35 days and production performance improved by 37%.
Full details are in the original sources.
