A forward-looking supply chain using demand forecasting

Looking out to see within

A leader in food marketing and distribution saw an opportunity to reimagine its supply chain management.

Accenture introduced the idea that by using unified view of demand, the company could develop a supply chain that anticipates and pivots around obstacles.

The goal was to combine internal data with new external data that had emerged during the pandemic to gain greater visibility and flexibility.

From there, the company could scale the new solution across all of its operational sites to better inform inventory position and supply-side dynamics, future-proofing the company’s operations and giving it an edge over competitors.

Test. Analyze. Refine. Repeat.

After piloting unified view of demand across several sites, the company discovered that it could improve forecast errors by roughly 6-8 points, which could lead to $100-$130M in potential benefits.

Accenture also brought operational excellence to the table by introducing AI-enabled exception-based management.

Given the tens of thousands of stock-keeping units (SKUs) the company faces in each iteration, the proposed solution enables planners to focus solely on the SKUs with critical need, saving time and making the entire process more robust.

Now, the company’s leadership is looking for other areas to innovate which has led to a culture of continuous learning.