Excess Retail Inventory in Alloy.ai
- View complete weeks of supply - Get a view of weeks of supply (WOS) by product, partner, and specific order, which may be worth investigating due to high weeks of stock or high units on order.
- Balance inventory levels - Find areas of opportunity to improve service and keep inventory levels balanced without the need to comb through demand and inventory data that is in line with expectations.
- Protect your bottom line - Take action - faster - to reduce spoilages, markdowns, returns, and other costs associated with excess retail inventory that eat into your profit margins.
- Jump right into root cause analysis -Deep dive into an industry best-practice guided workflow to discover areas where the product is building up and begin addressing root causes.
Questions you can answer with Excess Retail Inventory in Alloy.ai
- Which products at which retailers have high weeks-of-supply?
- Where does weeks-of-supply exceed target?
- Are there open SOs I could cut to avoid overstocks and allocate elsewhere?
Reduced excess retailer inventory at retail
Valvoline used Alloy.ai to discover a major retail partner’s delivery schedules didn’t mesh with daily demand. This allowed them to increase sell-in ~$450K while reducing the retailer’s inventory burden ~$2.2M.
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Frequently Asked Questions
How can brands identify areas with excess retail inventory?
Alloy.ai provides a guided workflow that enables brands to discover areas where products are accumulating excessively. By analyzing weeks of supply (WOS) by product, partner, and specific orders, the platform helps pinpoint locations with high stock levels, allowing brands to address root causes promptly.
In what ways can Alloy.ai's solution help reduce costs associated with excess inventory?
By offering real-time visibility into inventory levels and trends, Alloy.ai enables brands to take swift action to balance inventory levels. This proactive approach helps reduce spoilages, markdowns, returns, and other costs associated with excess retail inventory, thereby protecting profit margins.
How can brands prevent future overstock situations?
Alloy.ai allows brands to set up alerts for high weeks of supply, enabling them to cut open sales orders (SOs) to avoid overstocks and reallocate inventory elsewhere. This functionality supports better inventory management and helps maintain balanced stock levels across various locations.