Background
The need to automate the process of forming orders
The need to optimize the activities of the procurement department
The need to improve turnover
The progress of the project
The ABM Inventory implementation project included adapting the system to business processes, adjusting algorithms for inventory management, including fresh products and order optimization, as well as training staff to use new tools and analytics for effective inventory control.
Reorganization of the inventory management process
The implementation of the ABM Inventory system began with training on inventory management using the TOS methodology. Since the program is based on extraction, managers had to restructure and review the established principles of inventory management.
System integration and adaptation
Integration of the ABM Inventory system with the existing accounting system was carried out, addition of missing information about products, training of users to work in the system and adjustment of algorithms for optimal order formation, in particular through Dynamic buffer management and the Fresh algorithm for products with a short shelf life.
Scaling and analytics
After the successful launch and testing of the system in one store, the project was scaled to all stores of the network. At the same time, employees were trained to work with the analytical unit of the system for effective inventory control and management.
Results of ABM Inventory implementation
Received results for «Pchilka market»:
After the implementation of the ABM Inventory inventory management system, about 121,000 product items are under management. On average, 1100-1400 orders are sent per day.
Qualitative changes:
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We automated the procurement process, which made it possible to minimize errors caused by the human factor.
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During the implementation, 3 new stores were opened, while the staff of procurement specialists did not increase.
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Increased the accuracy of calculating the required amount of goods in orders, taking into account the volatility of demand and expiration dates
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Received a new tool for analyzing relevant data for top management, operational staff and category managers with 20+ reports.