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Experts at controlling stock

The right stock in the right place Dynamic and automatic store replenishment Increases availability Reduces inventory by 20-30% Improves product margins Increasesefficiency

Retail

Forecasting and demand planningDynamic inventory managementAutomatic Shop replenishment

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Experts at controlling stock

www.slimstock.co.uk

Jeremy Landey (Hobbycraft):“Slim4 has simplified the process of managing our large number of sku’s, and we are now achieving our best ever availability.”

ERP systems are not made for dynamic inventory management, only specialized solutions can deliver this. Slimstock uses Slim4, Europe’s most widely used solution for forecasting and demand planning, to achieve truly dynamic inventory management. Slim4 can be used in connection with any ERP environment and typically aids Slimstock in solving issues such as:

•promotionmanagement•phasingproductsinandout•gettingtherightstockintherightstore•dynamicstorereplenishment

How big is the pressure to reduce capital?All too often the advantages of good inventory management are still underestimated, inventory management should be a core competence in any retail environment. At a time in

which the availability of capital is an increasingly important factor, considerable savings can be achieved through optimising inventories. Slimstock makes sure that the right stock is in the right store at the right time, thereby achieving maximum sales at minimal inventory cost. In addition, as Slim4 helps to reduce the number of obsolete items, a far better operational margin can be achieved.

Are you managing your supply chain with an integrated approach?Inventory management requires an integrated approach and successful management of the supply chain, all the way from supplier to shelf. Of course, every shop has its own typical sales pattern, however, these individual sales patterns need to be compared with the overall performance. So that the stock level for each item, in each shop and each season will be determined correctly. Slim4 will also ensure optimal

inventory in your central warehouse, taking into account the demand from the individual shops. The “bottom up” approach of looking at each article in each store ensures immediate feedback from the market into the planning and purchasing departments.

How dynamic is your forecast?Slim4 will generate a forecast and optimal stock level for each item per shop every day, using factors such as:

•thedemandpattern•thevariabilityofthedemand•therequiredservicelevel•seasonaleffects•trends•plannedpromotions•presentationstock

Slim4 will automatically select the most appropriate forecast and planning model for each item, resulting in truly dynamic inventory management.

How much effort is needed for your inventory management?Slim4 continuously analyses the demand of all individual items. It calculates the bandwidth within which each item’s demandfluctuatesandautomaticallyadjustsparameterswhenrequired.Itemsthatneedattentionwillallbeflaggedtotheuser in exception reports, focussing attention and prioritis-ing workloads for the planners. Everybody is working with thesamesystem,makingjobsinterchangeableandspreadingexpertise. Retailers using Slim4 may achieve planning ef-ficiencyimprovementsof50%ormore.

Proven in retailSlimstockhascompletedmanystockoptimisationprojectsutilising Slim4 software. Which can be implemented quickly with measurable results achieved within a couple of months. Using consultants with retail experiences guarantees fast results and ensures the quality of ongoing support after the firstimplementation.Projectsbeginwiththeimplementationof the system at the central warehouse. Optimisation of the purchase orders to external suppliers and balancing of inven-toryattheDCdeliversthefirstresults.Thenextstepistheextension of the same principles to the individual stores.

The answer to all retail issuesYour customers do not wait until you have replenished your shelves. They are more and more demanding, and have less and less loyalty. In this context, retailers are facing a number of large challenges, in both store management and inven-tory planning in the central warehouse. Product life cycles are getting shorter, product ranges are changing more often and the pressure from promotions is getting bigger and bigger. In other words, to guarantee success retailers must have a dynamic inventory management tool.

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Experts at controlling stockRetail

Slimstock provides complete solutionsSuccessful retailing requires dynamic and effective inventory management. Slimstock has the knowledge and experience to im-plement this in your organization. Slim4 is the ideal tool for retail environments because it begins the forecasting and planning process at stock keeping unit (SKU) level. Every day the optimal inventory level will be calculated, per product and per store, takingintoaccounttrends,seasonaleffectsandpromotions.Ontopofthis,Slim4dramaticallyimprovesefficiencythrough‘management by exception’.

The system is very user friendly, it speaks the language of the retailer. It improves the planning at any point throughout the chain, from store to distribution centre. Slim4 will complement your existing ERP environment. Implementation will be carried out by consultants with extensive retail experience. Slimstock offers you the opportunity to get maximum return with minimal investment.

Successful retailing requires dynamic and effective inventory management

Product innovations

Irregular product lifecycles

Competition

Promotions

Transparency through internet

Price consciousness

Importance of instant availability

Higher turnover rate

Quality systems

Reduction of inventory costs

Reduction of mark downs

More effective sales time

Cash flow management

Shelf space management

Sales per m2

Local demands

Dedicated software

Processing power

Product range management is becoming more complex

Focus on cost efficiency

Increased importance of store differentiation

Demanding consumers

Increasing demand on Personnel

ICT solutions