Prescient.com > Solutions > Retailer Solutions > Store Level Replenishment
Accurate Orders. Stocked Shelves. Happy Customers.
Prescient’s Store Level Replenishment™ (SLR) application is a store ordering solution that optimizes store level demand forecasting, for regular turn merchandise and promotional products, and generates more accurate replenishment orders. No more out of stocks. No more lost sales. Our SLR application also:
- Provides visibility into movement data at the individual store and item level
- Identifies current and predicted out of stocks at the shelf level
- Improves promotion execution and effectiveness by leveraging POS data
- Reduces out of stocks, especially during promotions
- Increases sales because you have the right product on the shelves
How Does it Work?
SLR provides visibility across the supply chain, using your business best practices, and produces ‘demand driven’ replenishment orders, replacing retailer ‘pushed’ orders:
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Core to the Store
Successful store level replenishment is critical to every profitable retail operation. It anticipates consumer demand – for regular turn merchandise and promotional products – and makes sure your shelves are always replenished.
Almost half of stock outs are due to inaccurate store level ordering. If the order isn’t accurate, replenishment won’t be right either. And it’ll cost you – the average sales loss attributable to out of stocks is four percent. You and your suppliers need to be in sync with SLR.
Prescient is a leader in replenishment execution. We’ve implemented programs for lots of retailers and their trading partners. Let us facilitate one for you.
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