![]() With the value-added pack report, ABC can also manage nuances in the packaging of specific SKUs, an important feature for building accurate inventory forecasts. What’s more, the included lost-sales reports help the company refine replenishment and merchandising strategies to drive their business forward. Since implementing the ToolsGroup Replenishment solution, ABC Fine Wine & Spirits has been able to plan and allocate inventory more effectively, as the system takes into account seasonal variations, sales trends, TPR (total store price reduction), and promotions. – Kristine Becker, Senior Director of Purchasing, ABC Fine Wine & Spirits Results Smarter Forecasts and Better Reporting Capabilities ![]() The ToolsGroup solutions are both modern and flexible and enable us to keep up with consumers’ changing buying habits.” SolutionĪBC Fine Wine & Spirits reduced out of stocks and lifted sales with automated demand forecasting, planning, replenishment, and allocation solutions from ToolsGroup.Īs explained by Kristine Becker, Senior Director of Purchasing at ABC Fine Wine & Spirits, “ToolsGroup enabled us to allocate the right products in the correct quantities at the proper locations, a key feature that our legacy replenishment system lacked. The result was poor in-stock positioning, particularly of more expensive, rare, or slower-moving SKUs, and too much inventory tied up in merchandise that wasn’t running. Prior to implementing a demand forecasting and planning application from ToolsGroup, ABC Fine Wine & Spirits struggled with a homegrown replenishment system that yielded an unsatisfactory level of out-of-stocks on some labels and left the company over-inventoried on others.īecause its in-house replenishment system was based on hand-keyed store-level data, store managers had to adjust their replenishment orders based on their perceived display needs (crates and stacks of wine, for instance, which weren’t necessarily for sale) and their intuition.
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