Key Capabilities of Advanced Store Replenishment:
- Proactively manages store replenishment and promotional profiles
- Focuses on profitable inventory-buying and advanced store replenishment strategies
- Builds profitable store replenishment orders
- Enhances inventory management productivity
Centralize your store level replenishment with Advanced Store Replenishment to more efficiently manage the massive quantity of SKU/store combinations.
Advanced Store Replenishment (ASR) is the only solution in the market to provide a versatile forecasting method at a SKU/store-by-SKU/store basis. As a result, ASR improves your business performance by helping you achieve that important and oftentimes elusive balance between high service and low inventory levels. As Advanced Store Replenishment evaluates each store’s inventory, it builds optimum suggested orders for vendors or distribution centers.
Advanced Store Replenishment is a true inventory management solution involving scientific and statistical evaluations of each of the numerous variables involved in making a buying decision. You’ll gain far more than what a min/max or one-for-one system could ever offer. Instead, ASR weighs for each SKU every factor for each store – demand, seasonality, order frequency, lead times, vendor minimums, vendor discounts, service levels – and recommends the best action based on the most desired result: profitability.
One of Advanced Store Replenishment’s greatest strengths lies in its ability to perform demand forecasting. Using up to four years of history, the system accurately forecasts individual item demand so you can quickly identify your hottest sellers and dying items. By identifying seasonal trends that other applications might miss, ASR detects demand variability from one store location to another – even from one store in the same city to another. Advanced Store Replenishment empowers you with executable intelligence.
