Lokad

Overview

Lokad is a company based in France that specializes in providing advanced data science solutions for the optimization of business operations, particularly in procurement, replenishment, and inventory management. Founded in 2008, Lokad operates within the Business Services and Computer Software sectors, employing between 51 and 200 individuals. The company has developed machine-learning predictive software that enhances operational efficiency for its clients. A case study featuring Tokić, a leading auto-parts retailer in Croatia, highlights Lokad's impact on improving inventory management and service quality. Through its partnership with Lokad, Tokić was able to optimize its purchasing processes and manage a complex assortment of over 130,000 stock-keeping units (SKUs) across more than 40 stores. The collaboration aimed to balance demand in a challenging post-pandemic environment, ensuring high service levels while navigating supply chain disruptions. Lokad's expertise in leveraging technology to drive efficiency is central to its service offerings, supporting businesses in transforming operational challenges into growth opportunities.

Industry