The Client
The client is a leading shoe retailer in the United States
Business Need
The client wanted to improve their inventory productivity which was inconsistent on a store by store basis due to static allocation calculation methods.
Allocation Optimization Solution
Columbus Consulting analyzed the opportunity and designed more sophisticated algorithms that accounted for store level plans, utilized current sales trends and forecasts, and recognized store level capacities constraints.
The end-to-end project timeline was 8 weeks as follows:
2 weeks of discovery
3 weeks of design and approval
3 weeks of implementation
Benefits
During difficult economic times, DSW has had commendable performance. Inventory productivity is one of the tools that contributed to these results.
The company has directly recognized that Allocation Optimization enabled the inventories to be better synchronized with demand, resulting in better optimized inventory levels across the chain. |