The retail, wholesale, and grocery industries have their own methodologies to deliver profits and success since their consumers have different goals. These industries demand a different set of products and business rules for how the products move through their life cycle. Our unique software provides the tools for each company to customize the look and actions for their different business units and create unique business rules without added fees or additional IT resources.
Retail Supply Chain struggles between operations, finance, and company goals. The tradeoffs are service, sales, and budget. This three way balancing act is made more complex as it is managed across three layers of the business: DCs, stores, and weekly ads. Supply Chain visibility (internally and with suppliers), accurate demand forecasting across both replenish and non-replenish product, the ability to message supplier and internal team members with a single, common purpose and goal: each of these are the goals of large and small retail companies.
A Wholesaler wants to maximize service at the lowest possible inventory operating costs. Often complicating the issue, a wholesaler has high fill-rate requirements and tight operating budgets to balance at the same time. Our High level of forecast accuracy, greater than 90 percent, provides lower inventory investment, higher profitability, and improved customer satisfaction, all with a proven 90 Day ROI.
Grocery has many moving parts and challenges with the multitude of products and vendors in today’s rapidly changing marketplace. Data Profits iKIS provides Demand Forecasting, Alert and Exception Management, Vendor Managed Inventory (VMI) with Collaboration, and Supply Chain Visibility delivered with Business Analytics (BI Tools) to advance you past the competition.