Supply Quotient is an inventory optimization solution that focuses on optimising and automating the supply chain with a view of the retailer's network of stores, distribution centres and suppliers combined with broader insights into the operational environment. We aim to help organisations in the retail industry optimise their supply chain by providing an easy-to-use platform incorporating all essential processes and insights, allowing users to make quicker, smarter, and more efficient data-driven decisions to support the ever-changing needs of a business.
Retailers in the modern retail space who do not utilise automated retail replenishment increase their likelihood of facing several challenges, such as inaccurate inventory tracking, overstocking, understocking, manual process inefficiency, difficulty forecasting demand, and lack of real-time visibility into their inventory levels and sales data. Such problems often translate to wasted resources, lost sales, dissatisfied customers, and the complexity of making informed decisions about restocking pricing and promotions.
Supply Quotient aims to help retailers overcome challenges while improving their inventory management, operational efficiency, and customer satisfaction. Our platform also incorporates notable features which enable the user to make quick adjustments and long-term strategic changes that will give the business a competitive advantage.???
The client was unable to determine the right store quantity/customer demand. The traditional rule-based approach was failing due to frequent changes in seasonal, holiday, weather patterns and plano...