Improvement in Inventory health
Increase in sales
Correction in brokenness of fresh merchandise
One of India’s leading formal wear brands used Increff Merchandising solution to manage inventory across multiple sales channels. By predicting the size-wise demand at store category level for discounting season and fresh season launch, it helped maintain healthier inventory at stores with on-time replenishment to contain revenue degrowth. In case of the non-availability of a top seller style, the system suggested attribute group mapping to replace it with the closest possible style. Auto replenishment was set up for daily dispatches to maintain lean inventory at the store as per demand.
Objective:
To increase sales velocity by maintaining healthier and lesser inventory at stores with on-time replenishment for one of the leading men’s formal wear brands in India.
Solution:
Business benefits:
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