Stock optimization software for the cosmetics industry
Do you work in a cosmetics store or for a cosmetics brand? Do you have missed sales on a regular basis, despite a well-stocked warehouse? Then your complex stock management process may not be optimal. Stock management is often the responsibility of a supply chain manager or of store staff. But is it really possible to manage this complex process manually yourself?
Like the fashion and sports industries, the cosmetics industry also works with different sizes. Perfume comes in bottles of 30, 60, or 75 ml, and nail polish from different brands also comes in different colors and sizes. This makes it difficult to keep track of stock levels and decide when new stock is needed, particularly because you are dealing with different variables as well as different stores. Special campaigns during the Christmas sales or special Mother's Day vouchers make things even more complicated.
Smart Supply stock optimization software specializes in the allocation and replenishment of cosmetics products. The software's algorithm determines which item goes to which store and in which quantities. This means that the software takes difficult decisions for you. The 'seasonal trends module' and 'event planning module' make stock management during campaigns a lot easier. This significantly reduces the chance of mistakes, while also leaving your staff more time to provide customer service. Curious about the possibilities? Read all about Smart Supply.
Realize your sales potential
"With Smart Supply, our stock optimization software, we offer the cosmetics industry the possibility to let in store customer demand dynamically determine the stock levels for each store location. Without complicated and cumbersome manual processes cosmetics brands can utilize their full sales potential."
Ben Vermin, Chainbalance
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Interested in Smart Supply?
Smart Supply is an intelligent software solution for stock allocation and replenishment for wholesale, e-commerce, non-food, retailers and brands providing all types of products through their own stores or shop-in-shop channels. Contact us to learn about all the possibilities.