Replenishment of a SKU’s in a busy retail location is a challenging task. Retail stores are very dynamic environments and many factors come into play for successful replenishment. 

Advanced Grower Solutions has a lot of experience with replenishment in the live goods industry and has several products and services to help growers and seasonal product producers overcome their replenishment challenges.  

Our Direct to Store (DTS) product is specifically built to help overcome the difficulties of replenishing.  

There are several key challenges to overcome to successfully replenish your items.  

Maintaining Safety Stock 

The institute for supply chain management defines Safety Stock as “inventory that is carried to protect against forecast errors, as well as fluctuations in demand or supply”*. You want to maintain the right amount of stock to lower the probability of stock outs but also to not have too much inventory in the stores. DTS helps you maintain safety stock by ease of reporting and knowing your inventory levels. With the right, timely data and reporting yu can make sure you have an average on hand amount to re-order.  

Working with Minimum and Maximum Order Level Quantities

The toughest decision is “how much of this SKU do I send to this store”. DTS can help solve this problem by providing a tool to stabilize your average on hand. Our replenishment tool handles dynamic data flows and provides the information you need to make the right order quantity decision. It works with the calculation methods that retailers use such as X, Y and Z to measure a supplier’s success. 

Preventing Low Inventory (Stock Outs) 

A stock out costs you money since it means you lost potential sales. You can prevent having too much or too little. DTS provides visibility to prevent low or no inventory and excess by showing store and product detail.  

Limiting Excess Stock Levels (Over Stocking)  

The last thing you want to do is ship products that will not sell. By showing your most recent shipment in DTS, gives you a picture of your last sales and your sell through percentage to assist in preventing excess stock. When you are replenishing, DTS can help you make decisions based on what a store needs, or what products the store wants to promote. You can look at your data in several ways, by store, by SKU, by what you have available in the greenhouse or your availability.  

We would be glad to help you integrate our DTS grower replenishment tool with your operations and improve your business. If you are interested in learning more or would like a free demo contact us. 

* https://www.ascm.org/ascm-insights/scm-now-magazine/safety-stock-a-contingency-plan-to-keep-supply-chains-flying-high/