The V-Net solution updates the model stock of each product line and each store on a daily basis based on the most recent retailer POS data. The Inventory position of each product line can be reviewed at a store level on a daily basis.
The outcome being a reduction in out-of-stocks that leads to an increase in sales.
The deployment of the complex benchmarking and forecasting algorithms ensures that the stock being allocated to stores is sent to the outlets more likely to sell the product.
The outcome being an improvement in the stock mix per store that leads to an increase in stock turns.
The operationally efficient and scientific method of allocating stock ensures that the ratio of slow moving or dead stock at a store level is minimised.
The outcome being a reduction in returns.
The ability to provide a stock on hand position for each product line based on a predetermined future date, allows the supplier or retailer to understand the problem product line well in advance.
The slow moving lines can be identified very early within the product life cycle and an appropriate mark down strategy can be deployed very quickly.
The outcome being the execution of a more fact based mark down strategy that leads to a reduction in mark down exposure.
