FRESH INVENTORY MANAGEMENT SOLUTION
The LEAFIO Fresh Inventory solution takes into account high variability, irregular demand throughout the week, expiration dates, and supplier delivery slots throughout the day. You can make your inventory management and margins of different categories of fresh goods in a “lean” and accurate way.
Inventory optimization
Demand forecasting
Automatic replenishment
Merchandising process
Assortment management
Planogram optimization
LEAFIO fresh inventory software: how it works
We have developed an algorithm that takes into account all these specifics and has been tested by dozens of retailers who successfully achieve the goals of fresh categories in their companies.
Remaining shelf life
Fresh inventory solution takes into account the remaining shelf life – the actual shelf life of the product after it hits the store shelf
LIFO batch accounting
The most accurate calculation of the order, due to implemented simplified analogue of batch accounting by LIFO
Across the week demand coefficient
Fresh inventory software takes into account fluctuations in demand by day of the week, which is critical for products in this category due to frequent deliveries and limited shelf life.
Delivery slots
Food management software takes into account the goods delivery slots (the range of time for delivery of goods during the day), which makes it possible for you to make a more precise forecast.
Level of needed availability
You can set the acceptable level of availability for each product in order to avoid write-offs. This makes it possible for you to balance the inventory through avoiding write-offs and maintaining availability.
Other factors
Fresh inventory management system takes into account all the basic factors: demand forecast, lead time, packaging ratio, supplier restrictions, demand variability, reserve inventory and the necessary display.
Strike a balance between availability and lack of write-offs
LEAFIO fresh produce inventory management advantages
10%
surplus inventory reduction
10%
improved product availability
15%
write-off reduction
LEAFIO fresh inventory management benefits:
Fresh goods inventory management automation
Fresh food inventory management requires taking into account many parameters, which LEAFIO Inventory Optimization solution makes possible. Optimizing the structure of inventory at each outlet and warehouse allows you to improve the company’s KPIs - turnover, surplus, lost sales, and write-offs.
Taking into account everything you need to balance margins and write-offs
Taking into account both standard and specific factors for managing different categories of Fresh goods: demand fluctuations throughout the week, remaining shelf life, LIFO accounting, and target service level.
Monitoring the Fresh category performance
Gives you an opportunity to identify specific bottlenecks in the process of managing the Fresh category. For example, when it is necessary to analyze a product whose packing unit is sold in fewer days than its expiration date.
Flexible solution customization
The solution benefits the business by taking into account the specifics and differences of the point of sale and business processes. The implementation of LEAFIO Inventory Optimization begins with the analysis of specific business processes and setting up the system for the client's needs.
Fresh inventory management customers note a decrease in write-offs, improved availability, and a sharp increase in the transparency of managing inventory in this category
Inventory optimization software trusted by retailers the world over
Trusted by
Industry recognition
