
Success Story
Supply Chain – Item Level Inventory for Major Fuel and Convenience Retailers
Client
Major Fuel and Convenience Retailers
Client Challenges
- Retailers had too much excess capital tied up in unproductive inventory
- Operations needed inventory levels aligned to meet sales demand
Solutions Delivered
- Developed computer assisted ordering and item level inventory training for store operations
- Created a cloud-based, Inventory Management Optimization solution, providing Operations & Category Management visibility on opportunities in item level sales, purchases and on-hand inventory for key categories
- Provided field operations and management actionable insights on out of stocks, overstocks, out of date and promotional effectiveness on their key categories on a weekly basis
Business Impact
- Created $1-19 million dollars of working capital by removing excess inventory from the stores
- $15,000-$25,000 per store
- Significantly improved performance for the high-volume, high-impact cigarette and smokeless categories
- Reduced on-hand inventory
- Reduced out-of-stocks
- Optimized SKUs
- Increased category sales
- Increased efficiency of field operations
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