Supply Chain Management for a Retail Chain

Client:

A regional retail chain with multiple outlets across the country.

Challenge:

The retail chain faced challenges in managing inventory levels, tracking product movements, and ensuring timely restocking across its stores. Their existing system was outdated and lacked real-time data, leading to overstocking in some areas and stockouts in others.

Solution:

We designed and implemented a cloud-based Supply Chain Management (SCM) solution to optimize the client’s inventory management. The platform included:

1. Real-time Inventory Tracking: Each store was connected to the central system, which provided real-time insights into stock levels, allowing automatic replenishment

2. Order and Shipment Management: The platform enabled store managers to place orders with the central warehouse seamlessly, with tracking for order status, delivery timelines, and vendor management.

3. Demand Forecasting: Using historical sales data and predictive analytics, the system helped the client forecast demand, ensuring that the right products were stocked in the right stores.

Impact:

1. 25% improvement in inventory turnover

2. 15% reduction in supply chain costs

3. 20% reduction in stockouts and overstocking incidents