Reducing Out-of-Stocks
- Quickly identify areas where the retail forecast is not aligned with true demand
- Group stores into bands to recommend forecast changes to retail replenishment managers
- Track results of changes over time and report results to replenishment managers
Poor sales execution often results in out-of-stocks that irritate shoppers and prove costly to both manufacturers and retailers. In addition to lost sales, these costs are seen in reduced ROI from consumer marketing and new product introductions, declining forecast and orders when consumer demand remains steady and permanent loss in market share when a consumer switches brands.
TrueDemand provides a comprehensive solution to help reduce out-of-stocks. We start by providing your replenishment managers with the industry’s most accurate daily short-term demand forecast, allowing them to rapidly detect actual and potential out-of-stock situations. The TrueDemand system then provides an automated analysis of the root-causes behind those out-of-stocks and generates a series of corrective tasks – prioritized by the impact they have on sales — for replenishment or store operations team members. When working across a network of hundreds or thousands of stores, TrueDemand’s workflow enables users to manage millions of SKU-store combinations in a simple, effective way.
Use TrueDemand to empower your account teams to dramatically reduce out-of-stocks, rapidly respond to market demand and make sales execution a sustainable competitive advantage.
TrueDemand Features
- Highly accurate short-term demand forecast
- Analytics engine to identify root-causes and generate corrective actions
- Embedded workflow to efficiently manage millions of SKU-store combinations
Contact TrueDemand today to learn more. Use our online form on the left, or call 888-809-7855.