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Stock
Replenishment
(CRP/VMI)
Service
Tour
Stock Replenishment
Stock
Replenishment
(CRP/VMI)
How much do your Reverse
Logistics or Out of Shelf cost?
The solutions Continuous Replenishment Program & Vendor
Management Inventory of Retail@Link, undertake the effective
replenishment of Central Warehouses and estimation of the optimal order quantity ensuring the golden ratio between Service Level and Stock Level decreasing to the minimum
returns, Reverse Logistics & the required capital.
The need: Stock optimization
Knowledge
of the
suppliers
The supplier knows fully his products, their availability and their
future commercial policy
Knowledge
of the
buyers
The buyers have daily knowledge of the stock of the Central
Warehouse, the demand from each store and the commercial policy
of the supermarket chain for the replenishment of the stores from
the Central Warehouse
Exchange of
information
and data….
… a modern replenishment platform for the Central Warehouse
The cooperation between buyers and suppliers achieves the
optimum Service Level towards the Central Warehouse as well as
from the Central Warehouse to the stores
Stock Replenishment
1. Retail@Link
Reception of the warehouse inventory
transaction file, stock levels, stores demand, stock replenishment
Creation of the order proposal based
on the agreed safety stock per product, or per category or per supplier
Data overview through the CRP
service to buyers and sales executives
2. Supplier
Data analysis of the inventory
transactions file of the warehouse
Processing of the order proposal Automated order delivery to the
buyer of the supermarket chain
3. Buyer
Analysis of the order proposal of the
supplier
Automated update of the information
system of the Central Warehouse for each order
Automated order transfer into the
supplier’s information system
The 3 operability dimensions:
Stock Replenishment
Parametrization
Minimum quantity order per SKU or
per category or in total
Definition of the safety stock per SKU
or per category or in total
Agreement on the day & time of the
order delivery proposal from the supplier
Agreement on the day & time of the
approval of the order proposal from the supermarket chain and the final order delivery to the supplier
Preparation
Control of the completeness
accuracy of the supplier catalogues and the supermarket chain
Control of the completeness &
accuracy of the inventory
transaction file of the warehouses (INVRPT)
Control of the completeness &
accuracy of the supplier’s delivery notes
Creation of time plan for the
approval from all involved parties
Implementation
Introducing suppliers in the CRP service Synchronization of product catalogues
Upload of the agreed parameters into the
the order proposal algorithm
Training of the supplier’s users
Complete ordering cycle under the R@L supervision
Live
The 3 stages of implementation:
Stock Replenishment
- Time consuming procedures - Shortages and returns
- Control procedure
- Verbal communication
WITHOUT THE
COSTS OF
- Changes in the information systems CATALOGUES SYNCHRONIZATION PRODUCT CATALOGUE FROM THE SUPPLIER’S WAREHOUSE WAREHOUSE INVENTORY DATA stock, store demand, replenishment. Order approval ACCURACY TESTS Order Proposal Based on Algorithmic Calculations
For Optimal Service
Supermarket Central Warehouse Order approval Supplier Headquarters
Stock Replenishment
ω ω
AS2
Retailer
Data@Link
Controls Inventory ReportProposal Data@Link
Supplier
CRP
Supply Chain Management
Synchronization
of product
catalogue
for direct data exchange between different
systems
Direct interconnection
& exchange of
replenishment data
such as inventory data, desired
service levels, in-transit products etc
Automated
estimation
of optimum order
with algorithmic calculations of order proposal, based on the specific needs and targets of each partnership
Automation of
recurring tasks
for all Workflows participating in the order acceptance from the cooperating parties
What is your gain :
Stock Replenishment
Supply Chain Management
Decreased management time Improvement of service level Decrease of shortages & returns
