Stock optimization software for the sports industry
Do you work in a sports store or for a sports brand? Do you regularly have excess inventory? Perhaps you should consider optimizing and/or automating the stock management process. Stock management is often the responsibility of a supply chain manager or of store staff. But how wise is it to have such complex and time-consuming tasks carried out by your staff?
Automation in the sports industry
A lot of sports stores and brands determine their stock manually, registering current stock levels in an Excel spreadsheet and making forecasts based on last year's figures. In addition to complex size curves for shoes and socks, seasonal peaks make this a complicated process. Campaigns around fitness items for the new year or campaigns aimed at the new football season, for example, require additional attention in terms of stock levels. Can you predict how well the latest model of size-10 football shoes will sell? When replenishment involves multiple stores, variables, and seasonal peaks, it is wise to automate this process.
Smart Supply: allocation and replenishment
Smart Supply stock optimization software specializes in the allocation and replenishment of sports products. Instead of you or your staff, it is the software's algorithm that decides which items go to which store and in which quantities. This means that the software takes difficult decisions for you. This significantly reduces the chance of mistakes, while also leaving your staff more time to provide customer service. Would you like to know more about how it works? Read all about Smart Supply.
What others have said
“Within a month we saw that the Italian franchise stores in the Smart Supply pilot had achieved a significantly higher turnover. This was the reason for us to roll out the solution to all our franchise stores in Italy.”
Director of Business Solutions, adidas
Active in a different 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.
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.
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.