Pietsch Group relies on AI from paretos for precise demand forecasting and replenishment

The Pietsch Group uses AI from paretos to create precise demand forecasts and automated replenishment processes for 40,000 items. Efficient warehouse management and optimized supply chain processes improve customer satisfaction and reduce costs.

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September 3, 2024
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Heidelberg, September 03, 2024 - The Pietsch Groupfrom Ahaus, an established wholesaler in the field of sanitary, heating and air conditioning technology, and paretos, a leading company in the field of decision intelligence, are pleased to announce their collaboration.

The strategic use of AI is seen by the management of thePietsch Group as an important building block to promote data-based decisions and increase the efficiency of business processes. Expectations of the collaboration with paretos are high: measurable economic benefits are anticipated,which should pay off in the long term.  

“With the decision to use AI technology from paretos, we are taking a significant step in our digital development. We expect to increase the efficiency of our processes and thus be able to offer our customers an even better service,” says Matthias Klane, Managing Director of the Pietsch Group.  

paretos' powerful technology will be used to create precise demand forecasts for 40,000 items at four regional warehouses. These forecasts enable the Pietsch Group to efficiently manage stock levels, avoid bottlenecks and improve supply chain processes. By implementing automated replenishment processes, the aim is to ensure that all required products are continuously available, which ultimately helps to optimize inventory costs and increase customer satisfaction.

“We are delighted to support thePietsch Group on its path to digital transformation. We see this collaboration as an important step for the Pietsch Group to position itself for the future and secure a competitive advantage through the targeted use of AI,” addsThorsten Heilig, CEO & Co-Founder at paretos.

About the Pietsch Group:

The Pietsch Group is a leading technical wholesaler in Germany for sanitary, heating, air conditioning and environmental products. With around 1,400 employees at 93 locations, it offers first-class service for specialist tradesmen. The Pietsch Group stands for quality, innovation and relies on innovative technology to offer its customers the best possible service.

About paretos:

Paretos is the leading AI-based decision intelligence platform for data-driven decision-making processes. It enables companies toquickly and reliably analyze complex data, generate optimized forecasts and decision suggestions, and derive actions – all thanks to a clear no-code user interface and simple integration solutions, even without prior data science knowledge.

paretos was founded in mid-2020 by Fabian Rang and Thorsten Heilig. The vision: Everyone can make good decisions at any time. The Heidelberg-based start-up uses the latest machine learning methods to help companies make the most of their business potential. Since its launch at the beginning of 2021, multinational listed companies such as Accenture and successful SMEs such as the Otto Group have relied on the paretos platform.

 

 

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