Home » Inventory optimization drives 26% sales growth through supply chain synchronization
Inventory optimization drives 26% sales growth through supply chain synchronization
September 2, 2013
Solution: We implemented a cloud based solution, delivering dashboard based KPI's and reports within 4 months. In addition, we enabled supply chain synchronization for increased visibility throughout the supply and demand chain, automating the product replenishment process, while optimizing inventory levels.
Results: The client saw average sales increases of 26 percent in the first 12 months of implementation. Significant increases occurred in juice, tea and beer sales due to more effective stock planning. Improved availability of products at store level and stock optimization allowed them to have the right product, at the right time, in the right place and in the right quantity - generating more satisfied and loyal customers.
About the Solution Provider: NeoGrid helps companies balance inventory, minimize out-of-stocks, increase sales and find the right suppliers to partner with. NeoGrid delivers secure cloud-based solutions that are faster and easier to implement than traditional models - empowering retailers, manufacturers and distributors to quickly gain visibility and take control across domestic and global supply chains.
