The task
A food distributor supplies equipment and technology for food service and food production. Demand for more than 20,000 products changes with seasons, campaigns and discounts. Planning relied on history and the buyers’ judgement, which led to stockouts and inefficient stock.
What we built
MyIO connected to the client’s ERP. Demand is forecast with more than 30 time-series models, and orders are generated by combinatorial optimization that accounts for seasonality, campaigns, discounts, supplier lead times and shelf life. MyIO runs as SaaS on Microsoft Azure.
The result
- 35% better demand forecast accuracy
- 15% lower inventory value
- Fewer stockouts
- Automated ordering for 20,000+ products