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iStudio (Yabluka)
iStudio (Yabluka)

iStudio (Yabluka)

A retail chain of Apple branded appliance retail stores.
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iStudio (yabluka)
iStudio (yabluka)
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Background

All network orders were generated semi-automatically using the 1C commodity accounting system and Excel.
The accounting system lacked an assortment matrix.
The assortment to order was determined ad hoc for each order based on manual supplier balances.
This approach to order generation was time-consuming and generated inevitable human error.

Project goals

01
Reducing excess inventory and optimizing assortment;
02
Improved turnover rates;
03
Automation of orders;
04
Automation of assortment management.

Progress of the project

01

All major product categories were connected to the ABM Inventory inventory management system. About 9 thousand items of goods are under the system's control;

02

Buffers (target stock level at each storage point) for each SKU were calculated;

03

The system automatically generates and dispatches orders to the central warehouse on a daily basis, then cross-docking orders are generated on the same day depending on the order schedule agreed with suppliers;

04

In addition to generating orders, the system reviews buffer sizes on a daily basis for items under its management and makes recommendations for buffer changes as needed;

05

The system also keeps track of orders that are delayed as these orders affect the quantity in transit for subsequent orders;

06

Implemented the ability to flexibly analyze key indicators in real time

Results of implementation

The results obtained for iStudio:

57 %
average sales growth
27 %
average stock increase
36 %
improved turnover

Qualitative changes:

  • A new store was opened during the project period;
  • Stock in stores has become more harmonized with the sales dynamics;
  • Orders are automated and the ordering process, as well as inventory management in general, has become transparent;
  • Analytics is used to redistribute surplus to stores with a need without ordering goods from the supplier, which improves turnover.
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