Retail

Symphony retail solution, based on principles of

  • react as frequent as possible to true consumption,
  • dynamically adjust stock levels,
  • constantly identify winning/losing SKUs. 

Direct result of Symphony work is:

  • secured availability that generates sales, 
  • proactive overstocking prevention, 
  • increased inventory turns.

As results it’s creates a competitive advantage based on the best indicators of the availability of goods, fresh products and more interesting assortment than its competitors. 

Features of the system in the direction of "retail"

Planning

  • Strategy. Establishing behavioral strategies for managing inventories at shelf. Defining a policy of inventory control.
  • Dynamic Buffer Adjustment. Symphony analyzes regular stock SKUs inventory levels and consumption history, in order to determine the best possible quantity to keep on shelf. A quantity that on the one hand will ensure availability of goods on shelf, on the other hand, minimizes the lack in demand and improves cash flow.
  • Assortment Management. Symphony found slow mover and suggest best movers from retail shops.
  • Scenario modeling "what-ifs".  Ability to analyze different scenarios.

Execution

  • Daily replenishment. Symphony identifies regular stock SKUs which are in danger of depletion and recommends the appropriate amount that needs to be replenished and creates  a specific order to the supplier.
  • Priority. Symphony provides a simple mechanism for understanding the priorities, which determines the optimal quantity to be delivered to each point of the supply chain (shop, central warehouse). Formation of delivered batches of finished products are given priority.

Analyst to take stock and improve performance

  • Lost sales from Out Of Stock. The system of measurement TVD (Throughput Value Days) is intended to analyze the impact of shortages at any point in the supply chain and the impact of shortages on the final operating results in monetary terms.
  • Cost-effectiveness of nomenclature of positions. Symphony provides a concise set of financial indicators that facilitate the identification process tradable goods "versus non-tradable", comparison of the same name in different geographic regions.