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Improved sales forecasting and stock distribution
Centralise stock management for a full picture of what’s needed and where, for optimised availability and profits.
Advanced data insights for optimal stock allocation across multiple locations
Make allocation a data-driven function
By leveraging real-time data, you’re not just looking at the now. The solution incorporates historical demand as well as statistical or consensus-based forecasts to make the most informed decisions.
Let your objectives dictate decisions
Portfolio allocation software can respond to your business’s evolution. New store openings and closures can be adapted to in moments, saving countless hours forming a new, manual, allocation plan.
Demand isn’t static, so there has to be wiggle room. Slim4 takes sales participation and stock participation into account to create an index that can be flexed up or down on a store-by-store basis.
Optimise each and every location
As well as the index, you can also attribute certain rules and constraints to certain locations within the solution. Make sure that allocations and replenishment is logistically viable and financially sensible.
Gain 360-degree visibility of your stock cycle
Become a master of your stock at a granular level. The solution can cater for multiple stock types – on hand, batch on hand, or on order – to give you clear visibility of your product ecosystem relative to your store network.
If a product is being sent to the right place according to known demand, at the right level, at the right time, there should be very little need to reduce its price. Repeating this best-case scenario across all products suddenly becomes a huge revenue booster.
By using data-driven decisions when it comes to inventory allocation, you can stay on top of what’s needed in real-time. This burden and risk will no longer fall to humans who can instead focus on strategic efforts.
A buyer wants to know that their initial purchase is going to yield optimal profits, and that can only happen if the stock in question is in the right place, at the right time, at the right quantity. Data-driven allocation ultimately assures optimised net margins.
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