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Find out how several CPG companies have been able to increase forecasting accuracy & service levels, while decreasing inventories & stockouts.
Economic uncertainty, global disruptions, and the pandemic have resulted in major shifts in consumer preferences while supply chains have been more challenged than ever. Delivering goods at the lowest cost has led to carefully matching capacity to demand and streamlining operations. This focus on cost reduction has hurt supply chain resiliency and created considerable service issues in the current environment.
Traditional technology limits your capability to properly tackle this increasing complexity, with ineffective Excel sheets, siloed information, and constant firefighting as a result. Poor forecast accuracy results in excess inventory and even worse, dissatisfied customers.
It is time to put the market at the center of your planning processes and pro-actively manage the volatility of your demand. By combining human knowledge with AI, Garvis empowers planners to make fast and accurate decisions based on data, real-time insights, and risk profiles. Typical benefits include: