The right stock at the right time in the right shop

Since the succesful launch of Slimstock Retail, that was founded as a part of Slimstock to solve specific retail issues, many Retailers have been appreciating their strong focus on stock optimisation in central warehouses and automatic store replenishment. The user friendly stock optimisation software Slim4, combined with years of relevant retail experience, results in the right stock at the right time in the right shop. 

More turnover with less stock

Several Retailers like electro-retailer BBC and lifestyle brand Rituals implemented Slimstock's Slim4 to find the right balance between working capital and customer service.
Ultimate goal: becoming the best.

Rituals' goal is ambitious: growing to 1,000 stores within 10 years. Currently Rituals has 130 stores and is opening new stores at the rate of 50 per year. This expansion led to co-founder and Supply Chain Director Marcel van Groningen concluding that inventory optimisation was priority number 1 and to Rituals choosing Slim4 as an add-on to their ERP environment. "We don't need to be the biggest company; we want to be the best". The implementation of Slim4 resulted in improved customer service levels in combination with optimal inventory levels. Van Groningen is very satisfied: "The next step is automated ordering at shop level so our staff can spend more time with our customers".

Electro-retailer BCC in the Netherlands has selected Slim4 for optimising inventory in their central Distribution Centers and for the webshop. In order to further increase the product availability in both warehouses and the derivative service level in 54 shops, BCC was looking for a better demand forecasting tool. Product availability has become more important due to the transparency brought by internet.

About Slimstock Retail: ING Retail Year Award 2010

In 2010 Slimstock Retail was chosen as the winner of the ING Retail Year Award in the category 'Best Retail Excellence Idea'. The jury report notes that "in the wide world of forecasting and demand planning software tools, the tool Slim4 by Slimstock Retail really helps their customers to professionalise inventory management. Substantial stock reduction and sales improvement by better product availability have been proven".