Inventory Intelligence

A Multi-brand Footwear & Accessories Retail Group

How to digitise the inventory transfer process to capitalise on sales opportunities?

Solution

A rule-based programme was developed to automate the manual transfer process of thousands of SKUs and detect stock re-balancing opportunities.

Demand forecasting was deployed to predict the opportunity of potential sales at the product-store level every 2 weeks to match stock re-balancing.

Reduced the labour time for compiling inventory reports manually and eliminating human error and inefficiencies

Advanced insights were drawn to fulfil the product gap at every store to potentially capture all sales opportunities that were previously missed