Often some retail stores are completely sold out on one SKU
position, while the same SKU is in abundance in other stores.
Intra-Store Inventory Balancing process tracks real-time
demand changes for all SKUs in all stores, and generates intra-stores
transfer schedules for merchandise that can be sold faster
at full price elsewhere.
This process allows retailers to move products from stores
where these products are in abundance and do not sell very
well to stores in which the same products have a higher chance
of being sold and have lower inventory on-hand.
Properly generated transfer are based not only on product
performance at different locations, but also for transportation
cost, assortment rules (style, color, size), store shelf capacities,
warehouse inventory, stores proximity and many other factor
to justify inventory movements.
Intra-Store Inventory Balancing process conducted at the
season end is a great way to clean shelves from the slow moving
merchandise, boost inventory turnover and sales avoiding unnecessary
discounts.
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