30%
up to 30% reduced inventory
RETAIL
Driving omnichannel optimisation
Slimstock’s Slim4 platform synchronises and streamlines the omnichannel network, ensuring retailers maximise availability across and between physical and digital domains, without creating waste.
50%
efficiency gains
PROVEN IMPACT ON AVAILABILITY, INVENTORY & SERVICE LEVELS FOR MORE THAN 150 RETAIL CUSTOMERS WORLDWIDE
The trusted partner for the retail sector
Optimise your retail supply chain from end-to-end
Slimstock enables you to optimise demand planning, allocation, and replenishment, all through a single platform. Complete end-to-end visibility through Slim4 unlocks the full potential of your unified, omnichannel retail operation.
- Improve stockout rates: enjoy 50% fewer out-of-stock incidents.
- Enhance inventory turnover: reduce inventory levels by between 10-30%.
- Maximise sales and profits: increase sales turnover by up to 5%.
Overcome today’s retail supply chain challenges
Slim4 addresses the unique demands of the retail industry, ensuring you adapt to the demands of omnichannel faster than your competitors.
Manual processes
Challenge
Retail is still a sector suffering from manual decisions and legacy systems, leading to inefficient operations, a lack of automation, lost time, and cost-ineffectiveness.
Solution
Slim4 uses AI and machine learning to connect and automate significant tasks with data-driven precision. This frees time for decision-makers to focus on high-value strategy.
Allocation management
Challenge
Across broad networks, knowing where to strategically locate stock according to real-time demand is a huge challenge, especially with digital channels to consider as well.
Solution
Slim4 provides a clear and simple way to automate traditionally complicated allocation and replenishment processes. Prioritise effectively, manage by exception, balance stock optimally, and replenish on a granular scale.
Replenishment across channels
Challenge
Much like allocation, replenishment needs to be done at a granular level, knowing how much of each stock to order, and where to locate it. This is very difficult without accurate forecasts and automated processes.
Solution
Slim4 accounts for each store and location having unique demand patterns. Its dynamic capabilities enable retailers to forecast accurately and replenish efficiently.
Stockouts
Challenge
Inaccurate forecasts and demand planning leads to the possibility of empty shelves and warehouses, lost sales, frustrated customers, and reduced revenue.
Solution
Increase profitability by minimising out-of-stock situations, thanks to a Slim4 platform that anticipates demand and plots stock levels with data-driven accuracy.
Waste
Challenge
Just as bad as stockouts is the risk of overstocking. As well as being a sustainability concern when creating excess waste and obsolescence, it also leads to excess holding costs and inefficient inventory processes.
Solution
Slim4 reduces waste with more precise purchasing decisions based on known demand. Less waste reduces your carbon footprint, while enhancing ultimate profit margins.
Granular forecasting
Challenge
Improved replenishment and assortment can only come from granular forecasting, knowing what’s needed in each store, and also each warehouse for online orders.
Solution
Advanced forecasting models are tailored to different demand patterns, allowing for more accurate predictions that factor in potential disruptions, your own capacity, and the demands of different channels.
Slim4’s key features for retail
Slimstock’s holistic platform provides powerful, industry-specific tools to transform retail supply chain planning and execution.
Dynamic replenishment ensures the right stock levels for each and every store, and – pivotally – in warehouses to fulfil online orders. Slim4 reduces stockout incidents by up to 50% through AI-driven replenishment.
AI-powered promotion management
Slim4’s promotion module helps to manage demand spikes effectively, maximising sales opportunities and capitalising on high-value and high-demand items in a data-driven way.
AI and machine learning improves forecast accuracy to an extent where 5% sales turnover increases can be achieved through consistent availability.
Across channels and locations, retailers need to allocate stock according to real-time and future demand. Calculating this manually is likely to lead to stockouts or waste at local level, which Slim4 helps to sidestep.
Multi-echelon inventory optimisation
Storage of stock across the retail network can be costly if not judged to perfection. Slim4 enables up to 30% reduction in inventory levels, allowing each echelon and channel to thrive individually, and as part of the wider network.
Slim4’s S&OP modules and business intelligence unlock greater collaboration and visibility across the business. This connected thinking and clarity helps to reduce costs, improve efficiency, and boost profitability.
8 Trends Shaping Inventory Management
Discover what’s next for retail, and how to stay ready
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Testimonials from the retail industry
See what our customers think
40%
Reduced inventory levels
26%
Increased turnover
15%
Reduced carbon footprint
"Optimising the supply chain has allowed us to create a more efficient and sustainable operation."
Floren Domínguez
Supply and Demand Director
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can
See Slim4 in action
From our customers to you
Game-changer for our Supply Chain performance.
Once we had decided on which Supply Chain planning software you implement, it was a relatively straightforward implementation. We had great support from the Slimstock implementation team throughout the whole process.
Slim4 has helped us centralize our purchasing, which has led to less time spent overall when it comes to purchasing.
At the same time we have increased our service levels to customers by several percentage points while keeping our stock levels low.
Slim4 was an easy tool to learn with an intuitive interface.
The team was quite hands-on in getting the implementation done as efficiently as possible and the results were quite evident from the get-go.
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