Product Flow & life cycle Management in Retail environment utilizing “Pull” replenishment.

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Retail challenges:

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• Stock depth: How many items should we hold to ensure availability of goods without risking surpluses?

• Stock width: What is the effective range of unique items needed at the store level in order to present enough choices to the customer, while avoiding confusion with too many options?

• Assortment management:

  • End Of Life: when do we stop replenishment and phase out old and non-performing items?

  • New Product Introduction: when do we introduce new products to ensure store traffic while avoiding saturation?

  • Tail management: reduction of non-performing stock items.

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TOC pull replenishment and unique software capabilities (automating the retail operational flow), are utilized to Manage SKU flow in the stores, to insure that at any given time we have the most relevant and successful product mix in order to drive & exploit store traffic.

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• Sales increase thanks to improved traffic coupled with higher conversion rates.

  • Frequently refresh store merchandise.

• Right mix, right quantities.

  • Reduce shortages and surpluses.

• Customers satisfaction.

  • Consumers find what they want.

• Automate the flow of goods through the supply chain.

  • Focus management attention on growth rather than on daily operations.

• Higher ROI through more effective product lifecycle management and superior inventory management capabilities.

• Improve significantly the success rate of new product introductions.

• Maximize promotions and product liquidation margins.

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Exposing unrealized potential and hidden capabilities.