AI-Powered Supply Chain optimization at Tokic group

In a recent interview, Fabian Hoehner, Commercial Director at Lokad, and Elliot Langella, Lead Supply Chain Scientist at Lokad, discussed their participation in the ATR digital conference in Athens, hosted by the Tokic group, a Croatian automotive aftermarket company. They highlighted the integration of AI in the automotive aftermarket sector, focusing on their three-year collaboration with Tokic. This partnership, which began in late 2021, aimed to optimize stock levels and improve supply chain efficiency through AI-driven decision-making and demand forecasting. The results included a 5% increase in service levels and a 10% rise in sales, showcasing the transformative potential of AI in supply chain management.

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Timestamps
00:00:00: Introduction
00:02:01: Collaboration project timeline and focus
00:03:03: Classic Lokad scope and reverse sales
00:04:18: Stock inflows, demand forecast, and AI buzz
00:06:00: Probabilistic algorithms and parts classification
00:07:30: Dispatch recommendations
00:09:15: Automation, AI execution, and stock shifting
00:12:26: Estimating stock and sales scenarios
00:13:48: Long-term stock assessment and ROI logic
00:15:13: Stock out penalty and customer trust
00:17:07: 2025 project completion and expansion

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