The Surefire Way to Improve Your Supply Chain
Optimize Your Supply Chain's Last Mile
Supply chains can get complicated, and you will fall behind if you’re not proactively monitoring your inventory, service levels, on-shelf availability (OSA), and out-of-stocks (OOS). Optimizing the last mile of your supply chain is a risk-free approach with guaranteed results in any scenario.
With the right tools, you can easily track how products are moving to the shelf, better understand why customers are buying them, and stay a step ahead of product availability and excess inventory issues.
Find inventory problems and recover 5% - 8% of sales lost to OOS
Fix inventory problems and grow sales 2% - 3% every year by addressing OSA issues
Avoid shelf disruptions affecting nearly 50% of shoppers who won't purchase your product because it's not there.
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Gain Market Share Over Competition
Every supply chain disruption is an opportunity to gain market share over competitors who don’t manage the last mile of their supply chain effectively. Brands and retailers can do this if they:
Balance Ongoing Inventory
It’s no simple task, but successful companies know their inventory movement down to the store, item, and day levels. They also evaluate OSA trends, store inventory positions, and waste and damages. This helps inform decision-making for operational planning, service level management, and overall inventory position.
Maximize
OSA
Solving OOS creates its own challenges. But combining the tactical in-store actions with a strategic plan to uncover the underlying drivers of OSA enables retailers and CPGs to identify systemic issues, prevent OOS, retain shelf space, and maintain customer loyalty.
Optimize store operations labor
With resources stretched thin, it’s time to work smarter, not harder. Implement a solution that creates labor efficiencies and prioritizes high-opportunity shelf actions for every store, every day, driving consistent ROI for your organization.
Maximize event effectiveness
It’s never been easy to run successful promos, new product introduction, or seasonal events. But you can maximize ROI by combining historical event insights with inventory management before, during, and after the event. This enables stakeholders to boost forecast accuracy, identify OOS issues and underperforming stores, and improve service levels.
We can turn your inventory challenges into opportunities
Day-to-day supply chain excellence helps you prevent inventory problems, plan for maximal OSA, optimize your operations at the store level by easily identifying inventory-related sales performance issues across your entire retail ecosystem, and predict OOS issues before they happen.
Can’t get supply chain data fast enough to make confident decisions? With Circana, you can.
Connect with your Circana account representative or email contactus@circana.com to learn more.
