Unilever is implementing a new system to optimise its forecasting and lower its European inventory.
The manufacturer has implemented Terra Technology’s Demand Sensing and Multi-Enterprise Inventory Optimisation solutions across Europe.
These changes have been put in place to improve forecast accuracy and help create a more agile and efficient supply chain, contributing to significantly lower inventory and improved on-shelf availability.
“Unilever implemented Demand Sensing and Multi-Enterprise Inventory Optimisation in Europe after a successful implementation in North America, said Fabrizio Bortolotti, European planning director at Unilever.
“More accurate forecasting and better inventory management complements our lean manufacturing strategies, allowing us to capture growth opportunities and optimize service to our customers without the risk of carrying excess inventory.”