You have every item your customers want … in some location. You even have 8 or 900 items that no one wants. And naturally that’s in every location. Now you just added 150 new items.
Imagine that scenario but now, add a call from finance, “We’re low on cash. We need to do something about inventory,” while your sales/operations team is in your office imploring you for increased in-stocks and fill-rates. A challenge your organization faces all too often?
CLARITY meets this challenge with comprehensive merchandising and category management application SKU Rationalization. SKU Rationalization analyzes demand and true product availability costs to determine the most profitable item selection across your network. This strategic SaaS application defines the optimal inventory deployment for every item and location. SKU Rationalization determines the profitability of stocking the item to support sales, cross-filling demand from another location, or potentially losing the sale. It then recommends the correct item deployment strategy for every location.
The benefits of SKU Rationalization are proven and long-lasting. Reduced carrying cost, freight cost, obsolescence and lost sales provide benefits you experience forever. With better inventory deployment, you can dramatically improve sales, cash flow and margin.
One Blue Ridge client, Fortune 500 firm Henry Schein, Inc., relates how in just six months the company:
The CLARITY SKU Rationalization application allows retailers, wholesalers and suppliers to service customers as completely as possible, while creating a cost-effective deployment strategy in every location.