Stock optimization software for the fashion industry

Do you work in the fashion industry? Do you have to redistribute stock between different stores? Then you are probably incurring unnecessary costs and should consider optimizing your allocation and stock management process. Stock management is often the responsibility of a merchandise manager or store staff. But is it sensible to carry out this complex task yourself and could you save on redistribution costs?

​

Automation in the fashion industry

We regularly come across clothing stores and brands that are still carrying out this complex process manually. Using an extensive Excel spreadsheet, they register current stock levels and make forecasts for the forthcoming period. But in addition to the difficulty of predicting sales, there are all kinds of variables in the fashion industry. As well as store, article, color, and size, you also have to deal with complex size curves. Lingerie, for instance, has a cup and bandsize, while jeans have a waist size and a leg length. Do you have to contend with multiple stores and variables when replenishing stocks? Then it would be wise to fully optimize and/or automate this process.

​

Smart Supply stock optimization software specializes in the allocation and replenishment of fashion items. Instead of you or your staff, it is the software's algorithm that decides how much stock your stores should have by article, color, and size (SKU). The system makes these complex decisions for you. Not only is it less prone to mistakes, but it also leaves your staff with more time to provide customer service. Curious about how it works? Read more about Smart Supply.