Health Retailer Increases Inventory Visibility by 80% Across All Stores
Using replenishment and supply chain management tools, a health food chain was able to free up capital by purchasing the correct amount of stock for each item group, optimise availability with item allocation across the supply chain and reduce the risk of running out of stock at peak times.
Customer Profile
Health Food Retail Chain with 70 stores across Canada
Technology and Services
- LS Retail
- Dynamics 365 Business Central
- Process Mapping
Problem
The client needed a solution that dealt with inventory tracking and stock replenishment so they could see product quantities at their retail locations in real-time.
The Qixas Solution
Qixas implemented LS Retail, a customizable POS system with the essential retail functionality including promotion management, mobility options and reporting. The centralized inventory system allowed items to be ordered and dispatched with the correct inventory quantities. They gained the ability to track sales, stock and productivity in real time, throughout all of their locations from the back office.
Inventory tasks move to mobile
The team was able to complete store inventory processes on mobile devices, including goods receiving, adjustments and transfers.
Redistribution of store stock
Items were moved from stores who had lower sales to store locations with stronger demand. This balanced the stock availble in the supply chain maximizing sales and margins.
Predicted stock coverage
The company was able to find out how which items were over or understocked, and how long stock would last based on sales algorithms and data collected over a specified time period ( days, weeks or months). The system then suggests specific quantities that should be purchase.
