Control Your Inventory Before it Controls You!
Inventory is a retailer’s largest asset and investment expense. How it’s managed directly impacts sales, profits and cash flow, since your purchases and their timing impact in-stock levels, operating expenses associated with backorders, and gross margin reductions from overstock markdowns.
What you can achieve with it
Maximize customer service and minimize freight and handling costs at all store and distribution center locations
Accurate Weekly Demand
Ensure accurate views of weekly demand and projected inventory position by product and SKU for all locations
Your team will be organization to take action with exception reports advising inventory priorities – both shortages and overages
Recommend Purchase Orders
Reduce costs associated with purchasing with recommended orders created for total need across all channels factoring lead times, safety stock, inventory stock position, vendor commitments, Economic Order Quantities and container capacity
Integrate Promotional Plans
Taking expected marketing promotions into account in your weekly demand plan ensures accurate inventory amounts