Hodo Foods, a leader in plant-based food production, is known for its commitment to high-quality, sustainable products. As demand for healthy food options surged, the company faced challenges in maintaining an agile and efficient supply chain. Traditional forecasting methods, outdated reporting, and supplier variability hindered their ability to scale efficiently.
The Challenges
Before implementing Fishbowl AI Insights, Hodo Foods struggled with several key supply chain inefficiencies:
- Inaccurate Demand Forecasting: Traditional forecasting models failed to align inventory with actual market demand, leading to costly supply disruptions. This resulted in product shortages, missed revenue opportunities, and difficulties meeting customer expectations.
- Reliance on Outdated Data: Static reports and spreadsheets meant decisions were based on lagging indicators rather than real-time insights. Without up-to-date visibility, the company often reacted too late to changing market conditions, resulting in inefficient stock management.
- Unpredictable Vendor Lead Times: Supplier variability caused inefficiencies in production planning, resulting in costly downtime and delays. Unreliable lead times disrupted production schedules and increased the risk of unfulfilled orders.
- Stock Imbalances: Frequent stockouts led to missed sales opportunities, while overstocking drove up storage and holding costs. The inability to balance supply and demand effectively strained working capital and reduced overall profitability.
The Solutions
Hodo Foods turned to Fishbowl AI Insights Tier 2 to address its supply chain inefficiencies with real-time visibility and AI-driven decision-making. The impact was immediate and measurable:
- Smarter Purchasing, Less Waste: Instead of relying on manual estimates, AI-driven purchase recommendations aligned orders with real demand, preventing both excess stock and costly shortages. This freed up working capital and ensured that inventory was always at optimal levels.
- Real-Time Forecasting, Real Results: Instead of reacting to outdated reports, Hodo Foods gained instant visibility into shifting demand trends. This meant no more scrambling to adjust inventory after it was too late—proactive adjustments became the new standard.
- Streamlined Production, Fewer Delays: Automated work order recommendations eliminated bottlenecks by ensuring that raw materials and production capacity were always in sync. The result? Smoother operations, faster fulfillment, and a more predictable supply chain.
- Stronger Supplier Relationships, Fewer Surprises: AI-powered vendor insights helped Hodo Foods anticipate and navigate supplier delays before they disrupted production. By adjusting orders dynamically, the company minimized downtime and improved fulfillment rates on time.
The Results
With Fishbowl AI Insights, Hodo Foods experienced a dramatic transformation in supply chain efficiency:
35% reduction in stockouts ensuring customers always found products on shelves.
70% faster reporting providing real-time data for smarter, faster decisions.
28% lower inventory costs freeing up capital for growth and innovation.
By leveraging Fishbowl AI Insights, Hodo Foods not only optimized its supply chain but also positioned itself for sustainable growth and innovation. With fewer stockouts, faster decision-making, and lower costs, Hodo Foods can confidently meet customer demand while staying ahead in a competitive market.