IMPROVE THE SUPPLY CHAIN PROCESSES OF YOUR LIQUOR STORES

Turn the challenges Liquor stores face into the automated routine and profit opportunities

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  MANAGING A WIDE RANGE OF DIFFERENT CATEGORIES

  Liquor stores offer a wide variety of alcoholic beverages. In addition, some SKUs are in high demand and sold more frequently, while others may be sold a few times a month. Accurate demand forecasting and inventory management under these conditions become particularly challenging.
  
  How it is solved with Leafio:
  - A powerful BI module allows you to analyze your assortment, quickly identifying slow-moving or unsellable items.
  - The system provides accurate forecasting of initial demand for new items in the assortment and slow-movers, preventing stock-outs or surpluses.
  - The solution automatically tracks and helps make decisions on SKUs to be withdrawn from the assortment depending on stock balances at different levels of the supply chain.
  - The system tracks KPI dynamics by company/category/supplier and individual employees.
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  A LARGE PERCENTAGE OF IMPORTED GOODS. WHOLESALE OR EXTRAORDINARY DEMAND 

  Most of the products in liquor stores are shipped from abroad, so it is critical to calculate orders with delivery times in mind. There is also wholesale and emergency demand here. On the one hand, such sales can greatly increase average sales and order size. On the other hand, if they are not considered, there is a risk of lost sales and missed profits.
  
  How this is solved with LEAFIO:
  - A multi-echelon forecasting algorithm allows you to accurately estimate current and predict future demand for items.
  - The system makes accurate forecasts with a horizon of 6 months or more, which is important for imported goods.
  - The system takes into account lead times, delivery times, and supplier schedules when generating orders.
  - Forecasting algorithms consider planned promotions, holidays, sales bursts, as well as DC demand if it operates as a wholesaler.
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  PRONOUNCED SEASONALITY & DEMAND FACTORS

  Demand for alcoholic beverages fluctuates widely depending on the time of year, days of the week, or holidays. If a retailer doesn't prepare for these sales spikes in advance by purchasing enough products, it can result in missed sales. And if a retailer purchases more product than necessary, there is a risk of ending the season with excess and dead stock.
  
  How it is solved with the LEAFIO: 
  - The system automatically calculates and applies seasonality coefficients for regular assortment, seasonal goods as well as goods that are added to the assortment matrix only for a limited time.
  - LEAFIO has a set of scenarios that can be applied depending on the market situation. This helps in calculating order accuracy.
  - AI-based forecasting along with auto-ordering will help you buy as much product as you need and when you need it to meet seasonal customer demand.
  - The solution will help to adapt your stocks to the alcohol market trends, location (city center, residential district), and regional characteristics of the target audience.
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  FREQUENT CHANGES IN SEASONAL AND PROMOTIONAL DISPLAYS 

  With the dynamic changes in demand for seasonal goods, as well as frequent promotions, timely changes in the layouts is extremely tricky. With a large chain of stores it is quite difficult to control these changes.
  
  The functionality of the LEAFIO system allows you to:
  - Quickly rotate the assortment on the shelves.
  - Add new equipment to store floor plans and instantly create promotional and seasonal items for auto-disposal.
  - Get quick access to check the proper display of these layouts and control their correctness with the mobile app.
  
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  OMNI-CHANNEL SALES

  Managing inventory in an omni-channel environment and allocating it between channels is not an easy task for a liquor store retailer.
  Another challenge is to plan inventory for each channel according to frequently changing demand.
  
  LEAFIO allows you to:
  - Fully automate the replenishment process, taking into account all channels from the moment of calculating demand to the moment the order is received by the supplier.
  - Ensure a transparent and efficient inventory management process at all levels of the supply chain without manual intervention.
  - Have an exact inventory visibility, considering sales and product movement through all sales channels.
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  CROSS MERCHANDISING

  Alcohol is rarely a stand-alone purchase. To increase sales and customer satisfaction, it's important to place related products to make the buying process not only easy and enjoyable but also to maximize your profits. Otherwise, the related goods may turn into dead stock or have to be written off.
  
  With LEAFIO you can:
  - Create an effective display that promotes sales of related and complementary products.
  - Track the sales analytics of a particular planogram, and therefore monitor whether your cross merchandising efforts are having an effect.
  - Remotely monitor the filling of the display with related products and their presence on the shelf.
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  LACK OF STORAGE SPACE

  Wine stores often have little or no storage space in the store. Thus, the store's stock is mainly placed on the shelves. If this stock is not calculated correctly, the shelves may look overcrowded or conversely appear empty.
  
  With LEAFIO you can:
  - Calculate display inventory based on supplies and current stock.
  - Ensure availability and representativeness of the product on display until the next delivery.
  - Optimize the assortment with the analytics module, which shows the proportion between active and passive goods.
  - Minimize the amount of passive SKUs in stock.
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  OWN IMPORTS AND PRIVATE LABEL

  This category of goods is the most advantageous for a chain in terms of profitability. At the same time a liquor store chain may not have large marketing budgets for promotion of private labels and imports, compared to established brands. In this case effective merchandising becomes the main sales driving force.
  
  With LEAFIO you can:
  - Control the display of your own imports and private labels on the shelves: automatic display, assortment percentages, etc.
  - Experiment with layouts, make changes to the layout of private label items in a few clicks and instantly introduce them to the store.
  - Create separate brand zones for private labels, and track their performance in real time.
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  EFFICIENT FORMAT MANAGEMENT

  Within a company, alcohol stores are often grouped into formats. In this case there is a need for unification and standardization of processes at all levels in order to comply with the format. That means that the product assortment and layouts in stores of the same type must be identical. It should be possible to quickly make pinpoint changes, adapting the assortment and display to the specifics of local demand.
  
  With LEAFIO, to work with store formats you can:
  - Unify the work with layouts with format planograms.
  - Standardize the assortment in the formats and quickly evaluate its effectiveness.
  - Make changes to the format planogram, if necessary, instantly implementing them throughout the chain.
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  BIG PART OF PROMOTION

  A large share of liquor store products are usually in promotions. Here retailers frequently face the difficulty of calculating the necessary amount of stock for effective promotion and replenishment during promotion (if necessary), high risk of dead stock, and imbalanced inventories (shortage in some outlets and surplus in others).
  
  To solve this problem LEAFIO offers:
  - A functional promotional calendar with all past, current and future promotions along with key promotions indicators.
  - Accurate sales forecasting for future promotions.
  - Effective completion of promotions in accordance with the strategy, subsequent evaluation of campaign effectiveness.
  - Calculation of order dates for timely preparation for the start of the promo in each store: no earlier and no later than necessary.
  - Fast and accurate fulfillment of replenishment during the promo campaign.
  - Multi-echelon distribution of the product according to the demand in each location.