To see the full case study, use the download link provided.
Some benefits gained:
- The net financial savings of £113,667 was achieved during the 9 months of the project or an annualised benefit of £152,000 for the entire year.
- The forecasting accuracy improved from the baseline of ~50% to 90% overall. The forecasting was initially done for a period of 12 weeks forward planning when came down to 4 weeks forward planning.
- Savings were realised in terms of packaging material, labour cost savings.