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Optimized Merchandise Replenishment

RedPrairie
Avoiding stock-outs and overstocks is critical to store profitability. Traditional replenishment algorithms that allocate distribution by company-wide or regional sales projections ignore the reality of uneven demand by store location.
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Avoiding stock-outs and overstocks is critical to store profitability. Traditional replenishment algorithms that allocate distribution by company-wide or regional sales projections ignore the reality of uneven demand by store location. RedPrairie's replenishment technology incorporates store by store inventory levels and POS data into distribution allocations, along with demand forecasts, seasonal factors and promotions, to tailor distribution to the actual needs for each store. This greatly reduces stock-outs, overstocks and the need for markdowns.

But even the best stores won't be profitable if popular merchandise isn't replenished on an accurate and timely basis. Profitable replenishment involves the optimization of supplier relationships, inbound and outbound transportation, and distribution operations. This requires a comprehensive, integrated approach to distribution that traditional retail and ERP systems don't offer. Distribution centers must work seamlessly with suppliers, freight forwarders and transportation carriers to provide a predictable, responsive flow of goods to stores and enable complete visibility throughout this process. With global sourcing a reality today, this becomes even more important.

RedPrairie provides the retail industry's most comprehensive, integrated suite of distribution, domestic and international transportation, fleet and supplier collaboration applications to streamline and automate the flow of goods end-to-end from global suppliers to the stores. Every step of the process is optimized and synchronized to take time and expense out of the equation while providing a level of visibility and control not previously possible in retail supply networks.

In addition, RedPrairie's end-to-end retail replenishment suite is fully RFID-enabled to track goods and assets throughout the global supply network, and real-time event management ensures quick response to the inevitable disruptions beyond your control.

A partial list of RedPrairie replenishment applications includes:

  • Warehouse Management
  • Transportation Management
  • Workforce Management
  • Distributed Order Management
  • Global Trade Management
  • Yard Management with Appointment Scheduling
  • Supplier Collaboration
  • Supply Chain Visibility
  • Event Management
  • Quality Assurance and Product Recall
  • RFID Compliance and Asset Tracking

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