LEAFIO AI and Tegeta Motors business group, a leader in car products and services in Georgia, will collaborate on comprehensive inventory management automation. The key goal of the project is to optimize the assortment and stocks in the distributor's warehouses using the LEAFIO Inventory Optimization solution.
Tegeta Motors distributes its products through a network of service centers and directly from its central warehouse. Catering to a diverse clientele including individuals, wholesale and corporate customers, as well as actively participating in public procurement, the company offers an extensive array of over 50 thousand items sourced from manufacturers and suppliers across multiple countries.
The implementation of the LEAFIO Inventory Optimization inventory management system at Tegeta Motors will allow:
- automate work with orders;
- to establish the offer of analog products in the absence of the main article;
- optimize the assortment;
- improve inventory and stock management (identify slow-movers and reduce dead stock).
Generally speaking, inventory optimization will allow the distributor to release frozen funds, free up warehouse space to store the most relevant items, improve inventory turnover and reduce inventory costs.
"The Tegeta Motors project captivates us due to its intriguing blend of industry-specific complexities, such as extensive supply chains, substantial supplier orders, diverse substitute items, and minimal seasonality. Moreover, the company's distinctive structure and product portfolio add further allure. We believe that our collective expertise and shared commitment to achieving results will underpin the success of this endeavor," said Alex Medwin, CEO of LEAFIO AI.
The project will be executed in several stages. Initially, the plan entails integrating a trial product category, tires, into management using LEAFIO Inventory Optimization. Subsequently, the intention is to expand the solution to encompass the entire range, totaling 50 thousand SKUs.
"Tegeta Motors is constantly focused on development and improvement, on the best solutions in its fields, as our slogan clearly indicates: "It's time to choose quality". With the help of LEAFIO Inventory Optimization, we will be able to make our internal business processes more efficient and focus even more on offering the best possible service to our customers," shares Levan Utiashvili, Head of Logistics Department at Tegeta Motors.
Teams from both companies are currently collaborating to prepare the necessary data for deploying the solution. We extend our best wishes for the successful completion of this ambitious project and eagerly anticipate sharing the results with you. Stay tuned for further updates!
About Tegeta Motors:
With 28 years of successful operation, Tegeta Motors has emerged as a prominent leader in automotive products and services within Georgia. Offering a comprehensive range of automotive solutions to both corporate and retail clients, their business spans automobiles, trucks, buses, as well as diagnostics and repair services for construction and specialized equipment under authorized programs. Notably, Tegeta Motors has garnered numerous prestigious awards, including the esteemed Gold Brand status, conferred four times.
About LEAFIO AI:
The LEAFIO AI Retail Platform provides robust, adaptable, and dynamic automation solutions specifically designed for retailers, distributors, and CPG manufacturers. Serving a diverse clientele of over 250 companies spanning 40 countries, LEAFIO AI empowers them to maintain market leadership, enhance resilience against disruptions, and drive increased revenue with improved profit margins. Through AI-driven technology, LEAFIO AI designs sophisticated software solutions catering to various critical business processes, including supply chain management, inventory optimization, merchandising, assortment performance, and promotion forecasting.
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