A liquor store retail chain located in Europe with over 80 locations faced the challenge of inventory imbalance at the warehouses and retail locations. At the time, the company was in the active growth phase and was struggling with replenishment management and overstocks that were obstructing growth and consuming capital funds. The entire replenishment process was decentralized and was managed manually. The product range included bottled alcohol and gourmet food. The project objectives included:
- Delivery schedule standardization;
- Source data quality improvement;
- Optimal stock level calculations;
- Automated Order Generation;
- Turnover improvement by 30%;
Leafio team has started with thorough business process analysis, delivery schedule standardization, and replenishment team onboarding. A series of educational sessions were conducted prior to the solution launch. All of the historic sales information was analyzed by data-science-driven algorithms and the system has calculated optimal buffer levels for each SKU at each location and the upstream warehouses of the supply chain. The solution was scaled to the entire chain.