Inventory Management Study for a Household Products Retailer – A Case Study on Reducing Risk and Improving Business Performance

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LONDON–(COMMERCIAL THREAD) – Quantzig, a global provider of analytics solutions, has announced the completion of its latest retail inventory management study. A well-known household products retailer wanted to assess the difference in product demand and deliver goods wisely to fill the supply gap. A client wanted to monitor inventory levels and maintain the trend in commodity prices.

According to inventory management experts at Quantzig, “In the retail industry, the competence of the retailer lies solely in their ability to deliver goods and services to the right place at the right time.

Excess inventory is a problem throughout the supply chain and traps needed working capital without the proper balance. Inventory management is about effectively tracking products and keeping accurate records to combat issues like product shortages, delays, and buying the wrong inventory. Inventory management in the household products retail industry provides comprehensive information on items, from raw materials to finished products and suppliers.

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The solution presented by Quantzig allowed the customer to have better visibility on the household products sales area. The customer was able to save on transportation costs and advance the overall service delivery. In addition, the customer was able to cope with price variations by relying on effective inventory management techniques.

This inventory management solution provided benefits that helped the customer to:

  • Maintain aggregate inventory levels for products

  • Coping with price fluctuations

  • To know more, request a free proposal

This inventory management solution offered predictive information on:

  • Respond to variations in customer demand and provide personalized products to customers

  • Resolve delay issues in goods and hedge against price increases

  • To know more, request a free proposal

See full inventory management here:

https://www.quantzig.com/content/inventory-household-products

About Quantzig

Quantzig is a global analysis and consulting company with offices in the United States, United Kingdom, Canada, China and India. For over 12 years, we’ve been helping clients around the world with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today our firm has more than 120 clients, including 45 Fortune 500 companies. For more information on all of Quantzig’s services and the solutions they provide to Fortune 500 clients in all industries, please contact us.


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