Why HICO Loves Jedox: Empowering Precision Planning
VP Planning
At HICO, we're passionate about transforming complex planning challenges into seamless, data-driven successes and Jedox is our go-to partner for making it happen.
With its powerful planning functionality, lightning-fast implementation of pre-built AI standard modules, and robust support for forecasting and performance management, Jedox enables us to deliver agile, integrated solutions that integrate effortlessly with systems like SAP. Its intuitive design and flexibility for ongoing development make it a dream for both our experts and clients, turning raw data into actionable insights at the speed of business. But how does this translate into real business impact? Let's take a look at how we accelerated success for Mitsui Chemicals Europe GmbH.
How we Put Mitsui Chemicals in the Fast Lane
A standout example is our collaboration with Mitsui Chemicals Europe GmbH. In 2017, we replaced their cumbersome Excel, SQL, and Access setup with a custom Jedox application, dramatically simplifying sales planning across their diverse automotive, food, packaging, and healthcare portfolios.
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95% Forecast Accuracy in Record Time
Building on that foundation, we piloted Jedox’s AI Predictive Forecast module, leveraging its ready-made business logic to generate AI powered 12 month rolling forecasts. Despite starting with just 1.5 years of data, we migrated and optimized three years of SAP legacy data using Jedox Integrator, boosting forecast accuracy to 95% for key product groups in just months.
As Sascha Geng, Director of Performance Controlling at Mitsui, shared:
“With Jedox, we can plan in a level of detail that was not possible before. With the AI engine, we achieve very accurate forecast values - and see a lot of potential for further optimization and automation.”
Smarter Planning, Smarter Integration
Jedox is not just a tool. It is a catalyst for client growth, from granular customer level planning to enterprise wide integration. It consistently exceeds expectations, fosters trust through proven results, and paves the way for holistic sales production purchasing alignment. Interested in integrating Jedox? Learn more about our Planning Team and discover how we can help you unlock your full potential.