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increase in sales velocity of SKUs which were consolidated as part of the inter-store transfer exercise.
improvement in health of inventory
poor performing NOOS pulled back suggested
reduction in NOS allocation suggested.
Using smart store-style ranking algorithms, one of India’s leading men’s casual wear brands, distributed inventory across ~120 EBOs based on the Smart Assortment Plan suggested by Iris X. It helped recognise the top seller styles, propose stock cover as per demand, and pull back poor performing stock to release working capital. Iris X helped the brand identify understock and overstocked scenarios to redistribute inventory, matching the right style to the right store to increase conversion.
To increase sales velocity by consolidating existing inventory across stores for a leading men’s casual wear brand in India