Stock optimisation software for (multi-channel) allocation and replenishment based on actual sales transactions. The consumer as the heartbeat of the supply chain: for higher profit margins, less excess inventory and fewer missed sales.
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 optimising 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?
Do you work in a sports store or for a sports brand? Do you regularly have excess inventory? Perhaps you should consider optimising 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?
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?
Smart Supply is a SaaS solution for fully automated stock optimisation based on up-to-date sales data. Not one-on-one replenishment but dynamic replenishment for the long-term growth of your company. Chainbalance specialises in stock optimisation between distribution centres and stores. For wholesale and retail, physical stores and/or webshops, for large and small, national and international, Key accounts, small-scale customers, shop-in-shop or consignment models: everything is possible.
Our long-standing experience in the retail industry helps us understand the complexity of replenishment like no other. This process is influenced by a a lot of factors. When will which store be supplied and how often? Are sales data up to date? Are stock levels correct? Moreover, choices must be made based on all kinds of details: which product in which colour and size needs to go to which location?
With Smart Supply, this is a thing of the past. Our user-friendly stock optimisation software helps tolimit the time-consuming manual processing. The software does all of the complex work for you. Not only does this ensure the best possible product range and give your staff more time to provide service to customers, it also brings financial benefits for you.
Why Smart Supply?
Fully automated stock optimisation process.
Positive results within three months.
Fewer missed sales, higher margins and less excess inventory.
Fast implementation (±12 weeks).
Every idea starts with marvel, frustration or a feeling of ‘this could be improved’. In our case, we were triggered by all three. Truly shocked by the amount of waste within retail. Warehouses are stacked with outdated merchandise and a lot of money is being wasted due to unnecessary transport and handling to redistribute merchandise to other stores. This can be different. No, this must be different Not only is this detrimental to the profit of a company, but above all the system is extremely bad for the environment ....
For a large German Sportswear Multinational, Smart Supply has been used in Europe since 2012.
A major German international fashion brand for mens, womens and childrens clothing, shoes and accessories has been using Smart Supply Outlet since 2010.
It takes more than just a great product to win in the fiercely competitive denim market. To get a leg up on the competition, GARCIA Outlets has professionalized all aspects of its operations in the past three years, including stock management. After just a few months, the Smart Supply stock optimisation software from ChainBalance has proven its worth, helping the company boost conversion rates and sales revenues.
Since 2014, this international underwear and lingerie brand has been using Smart Supply.
It’s no secret that fashion retailers are struggling. Smart ones, like Van Gils menswear, are taking innovative measures to turn the tide in their favour. But before the company could move forward, it had to modernise its outdated and inefficient processes. To do this, Van Gils recently implemented the Smart Supply stock optimisation solution from ChainBalance in parallel with a brand new ERP system. It helps retailers make smarter stock replenishment decisions to improve product availability, increase profit margins, and reduce excess inventory and missed sales
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