WHOLESALE Company Boost ITS Revenue 65% Through Inventory OptimizatioN

Client Overview

A leading wholesale company seeking to address inventory stockouts and improve revenue.

Industry

Wholesale and Distribution

Business Processes

Inventory Management, Sales, Warehousing

Problem

The client faced frequent inventory stockouts across all product categories and warehouses, resulting in lost sales and eroding customer trust. This issue was significantly impacting their revenue and market position.

The company knew it needed to take decisive action to overcome these challenges, but it needed expert advice.

Solution

Data Design partnered with the client to design a comprehensive inventory optimization solution.

Conduct Lost Sales Analysis

Perform in-depth analysis of historical data to quantify revenue loss due to stockouts and identify patterns across product categories and seasons.

Identify Optimization Opportunities

Analyze current inventory management practices and identify areas for improvement based on lost sales data.

Develop Strategic Approach

Create a two-pronged approach: a value-driven inventory management system and a Theory of Constraints (ToC)-based replenishment model.

Build a Solution Roadmap

Optimize stock levels to align with customer demand, ensuring product availability at the right time, especially for high-impact products identified in the lost sales analysis.

Results

Ready to optimize your inventory and boost your revenue?

Let’s create your customized inventory management strategy today to maximize sales, improve efficiency, and strengthen your market position!

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