Sparkfun Just in Time Manufacturing

Sparkfun makes thousands of electronics components and grows year by year. They have two strong demands from their production scheduling system:

  • Never go out of stock
  • Don’t overproduce an item (storage space constraints)

Improving upon their existing system Royalty Analytics developed prediction models and educated Sparkfun’s internal resources on the subject

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Our jointly produced aggregate (bottom line) revenue predictions were far superior to their existing predictions and our product by product predictions were able to predict 8 weeks sales numbers accurately for much of

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their catalogue.