Automotive & industrial
Reliable short‑term sales planning
Logio worked with SKF during the COVID‑19 disruption to design and deploy a short‑term sales forecasting model at product‑line level.
Outcome
Up to 90% forecast accuracy in unstable market conditions enabled faster, more confident planning.
Up to
0% forecast accuracy
About SKF
SKF is a Swedish manufacturer of bearings, seals, lubrication systems and related services, founded in 1907 and headquartered in Gothenburg. The company operates in around 130 countries with more than 40,000 employees and an extensive distributor network.
Founded in 1907
40,000+ Employees
Presence in ~130 countries
Initial challenge
Sales channels were restricted and supply flow slowed during the coronavirus crisis, making short‑term demand uncertain.
Project goal
Create an agile short‑term sales forecasting process to mitigate the impact on the business and its customers.
Solution
Making short‑term demand visible
We co‑designed an agile forecasting process and built a short‑term sales model at product‑line level. It gave SKF near‑term visibility to plan with confidence during COVID‑related disruption.
Solutions implemented
AI Integration
Process Optimization
Impact
Confident decisions in a volatile market
Higher forecast precision
Up to 90% accuracy at product‑line level supported daily decisions.
Faster planning cycles
Teams reacted more quickly to sudden demand shifts.
Better cross‑functional alignment
Sales and supply teams worked from a shared view of near‑term demand.
Reduced uncertainty for customers
Clearer order guidance during volatile periods.
Take control of store availability
If manual ordering slows your teams, we can automate replenishment and pricing with Veritico. Let’s talk about a practical roadmap to higher availability and lower effort.
We tackled many supply chain challenges
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30 minutes to plan daily routes for the entire network
Hundreds of doctors’ offices covered
15 years of continuous cooperation
Inventory and promotion control for a Czech canned foods leader
Veritico STOCK and PROMO unified production and promotion planning across four plants. The company cut stock working capital by 12% without harming availability.
–12% stock working capital
Unified automated production planning