Store Order Management & Inventory Allocation

AUTOMATE STORE ALLOCATIONS BASED ON DEMAND, AVAILABILITY AND INVENTORY

When perishables are part of the supply chain, retailers need to be agile, and act, react and adapt merchandise plans to actual customer demand.

Perishable inventory cycles are short and today’s customers choose whichever retailer has the best looking product. You can’t risk an out of stock situation, but to do so, you also don’t want to buy more product inventory than you need. If you’re asking how can you best allocate inventory, or possibly substitute for other applicable products, to meet the demand, then you need a solution that matches supply with demand with greater precision – and better results. Today’s leading retailers are leveraging allocation solutions to match product demand at the local store level to create a customer-centric inventory strategy.

Segments Served:


Store Order Management

& Inventory Allocation

AUTOMATE STORE ALLOCATIONS BASED ON

DEMAND, AVAILABILITY AND INVENTORY

When perishables are part of the supply chain, retailers need to be agile, and act, react and adapt merchandise plans to actual customer demand.

Segments Served:

iTrade’s Store Order Management Allocation solution ensures product availability and improves customer satisfaction. iTrade’s Store Order Management Allocation extends your allocation and prorates processes, pulling from inbound order information, inventory, and assigned, valid product substitutions to determine the optimum inventory allocation. This data feeds forecasts to anticipate inventory shorts with higher accuracy, strategically directing your inventory to the right location to best serve customer demand.

iTrade’s Store Order Management Allocation provides real-time supply chain data and visibility, enabling retailers to manage inbound supply chain processes more efficiently and optimize demand planning. Works independently or in conjunction with iTrade’s Order Management System for all of your procurement processes, helping you to:

Optimize DC to store order allocations
Evaluate inventory and inbound shipments based on rankings and pre-determined business logic
Automate store order creation, confirmations and status updates

Perishable inventory cycles are short and today’s customers choose whichever retailer has the best looking product. You can’t risk an out of stock situation, but to do so, you also don’t want to buy more product inventory than you need. If you’re asking how can you best allocate inventory, or possibly substitute for other applicable products, to meet the demand, then you need a solution that matches supply with demand with greater precision – and better results. Today’s leading retailers are leveraging allocation solutions to match product demand at the local store level to create a customer-centric inventory strategy.

iTrade’s Store Order Management Allocation solution ensures product availability and improves customer satisfaction. iTrade’s Store Order Management Allocation extends your allocation and prorates processes, pulling from inbound order information, inventory, and assigned, valid product substitutions to determine the optimum inventory allocation. This data feeds forecasts to anticipate inventory shorts with higher accuracy, strategically directing your inventory to the right location to best serve customer demand.

iTrade’s Store Order Management Allocation provides real-time supply chain data and visibility, enabling retailers to manage inbound supply chain processes more efficiently and optimize demand planning. Works independently or in conjunction with iTrade’s Order Management System for all of your procurement processes, helping you to:

Optimize DC to store order allocations

Evaluate inventory and inbound shipments based on rankings and pre-determined business logic

Automate store order creation, confirmations and status updates

REAL RESULTS

Up to 10% reduction in DC to store freight costs
Spend up to 60% less time managing store allocations

REAL RESULTS

Up to 10% reduction in DC to store freight costs

Spend up to 60% less time managing store allocations

 

“We went through a comprehensive vetting process to ensure we implemented the best supply chain optimization solution to meet our speed-to-market needs. I’m confident that iTradeNetwork’s proven track record, technological resources, knowledge, and vision make them the right partner for Sprouts as we keep growing as one of the leaders in the natural and organic industry.”

 

Jim NielsenChief Operating Officer, Sprouts Farmers Market

“We went through a comprehensive vetting process to ensure we implemented the best supply chain optimization solution to meet our speed-to-market needs. I’m confident that iTradeNetwork’s proven track record, technological resources, knowledge, and vision make them the right partner for Sprouts as we keep growing as one of the leaders in the natural and organic industry.”

Jim NielsenChief Operating Officer, Sprouts Farmers Market