Making Shopping a Smooth Experience for Shoppers and Providing Scope for the Expansion of Businesses | SpendEdge
LONDON--(BUSINESS WIRE)--May 21, 2019--
SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their inventory management study for an apparel company.
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Inventory management study for an apparel company. (Graphic: Business Wire)
The company wanted to gain a competitive edge in the market by improving its stock management, store operation, and logistics capabilities. The key objectives they aimed to achieve through this engagement are mentioned below.
“An effective inventory management system is crucial for companies to implement changes in the product mix and improve the process efficiency,” says a procurement expert from SpendEdge.
Key findings and solutions offered
In partnership with SpendEdge, the client – a European apparel company – enhanced the shopping experience for both customers and teams by encoding EPC tags with Serialized Global Trade Item Numbers to every product at the time of manufacturing. The solution offered helped them to:
Outcome: The solution offered by experts at SpendEdge helped the clothing and accessory manufacturer to categorize fast-moving products and devise a system to update the inventory of such products after they reach below a designated level. This helped the client to gain and share information of products across all warehouse departments in real time and improve the inventory accuracy. The solution offered boosted their bottom line and provided them with the scope to expand their presence in different countries in Europe.
To access the complete case study on how we helped an apparel company improve their inventory management system and expand their business horizons, get in touch with our experts here!
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INDUSTRY KEYWORD: RETAIL FASHION
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