Excess Retail Inventory workflow in Alloy.ai
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.
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.
Take action – faster – to reduce spoilages, markdowns, returns and other costs associated with excess retail inventory that eat into your profit margins.
Deep dive into an industry best-practice guided workflow to discover areas where product is building up and begin addressing root causes.
Questions you can answer with the Excess Retail Inventory workflow
- 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?
Avoid waste by advising retailers against overordering
With visibility to WoS provided by Alloy.ai, Ferrero worked to reduce orders and cut overstocks by ~80%, saving $15.9M per year.
Purpose-built for consumer goods brands
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