Inventory management for Wholesalers & Distributors

With fierce competition in the marketplace, many wholesalers have resorted to holding huge assortments in order to satisfy the evolving needs of their customers. However, with such a diverse range of products, keeping every item under control is a constant battle. With Slim4, wholesalers and distributors gain greater control over their inventory while simultaneously benefiting from efficiency improvements. As a result, businesses can reduce inventory levels by up to 30% while still achieving the service levels customers expect.

Why optimize your inventory with Slim4

  • Reduce backorders by up to 60%
  • Reduce inventory levels by 10-30%
  • Improve efficiency of the planning team by up to 50%

Service level driven inventory management

Availability is everything for wholesalers & distributors. However, supply chain leaders understand that this is neither an achievable nor beneficial target to aim for. Given the risk of obsolescence and the cost of holding inventory, the excess stock that comes as a result of poorly aligned service levels will have a hugely adverse impact on profit margins as well as unnecessarily tying up valuable working capital. As a result, it’s vital that businesses focus their investment where it is required most.

Automated forecasts for up to 95% of the assortment

In order to generate a reliable forecast for every single item within the assortment, supply chain leaders require clear insight into future demand factoring in the impact of trends, seasonality, promotions and volatility. Our inventory optimization tool, Slim4, has been developed over the last 25 years to enable wholesalers and distributors to achieve the most accurate forecast possible. Using a range of academically verified forecasting methods, Slim4 automatically generate forecasts for up to 95% of the assortment.

Greater focus through management by exception

Rather than spending time finding the proverbial needle in a haystack, ‘Management by Exception’ ensures that supply chain teams are directed to take action where it is required most. Slim4 prevents firefighting through helping supply chain teams to proactively identify and resolve unexpected issues before they can have an impact.


I will be happy to be able to give you more information about what kind of solutions can best suit the needs of your business.

CONTACT US FOR MORE INFORMATION

NICO BARBE / Senior Consultant

Solutions to help your business thrive and grow

Slimstock offer many solutions that can help your business today.

Resources

Published in News - 16 March 2020

HELP! Need to Reduce my Inventory by 10%! – Event Postponed

We at Slimstock Canada, value sharing knowledge and bringing supply chain professionals together via events and other activities. We understand these gatherings allow for an enthusiastic exchange of expertise and that they foster relationships, long-lasting connections and opportunities.   Regarding our scheduled event co-organized with Supply Chain Canada, we have had to make the difficult
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Published in News - 27 January 2020

AUTOMOTIVE AFTERMARKET LEADER, TIGER AUTO PARTS OPTIMIZES INVENTORY WITH SLIM4

Automotive Aftermarket importer and distributor, Tiger Auto Parts, select Slimstock to improve service level and working capital. Slimstock, a global leader in providing inventory optimization software, announced they would be supporting Tiger Auto parts efforts to expand and boost turn over in the next five years. Tiger Auto Parts is one of the fastest-growing importer
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Published in News - 23 January 2020

SLIMSTOCK CANADA ACCELERATES GROWTH BY OPENING NEW OFFICES IN TORONTO

Press Release: Toronto, Canada- January 20, 2020    Slimstock Canada, a national leader in inventory optimization, today announced the opening of new offices in downtown Toronto. The offices were opened to accommodate the company's rapid growth in Canada.    Ludovic Magne, Country Manager for Slimstock Canada, said, “We are no longer the new kids in the block. We see this new office in Toronto as
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