Goals
1.Optimization of merchandise balances
2.Improvement of turnover of capital
3.Automation of procurement forecasting and planning processes
4.Improvement of business processes of demand forecasting and procurement planning
Steps
- Trainings were held on the Supply Chain Management
- An action plan for the sale of low turnover goods has been developed
- A business process for working with low turnover goods has been created
- The assortment has been optimized
- The planned turnover is calculated
- A new KPI system has been implemented
Results
+47%
GMROI
+61%
Sales
31%
Inventory turns implement
GMROI (Gross Margin Return on Investment)
– allows businesses to determine how effectively they are converting investment in inventory into gross revenue
