Retail: Design a fine-tuned store supply planning model

Background

A global creator and distributor in the luxury goods sector, our client is made up of various entities in France and numerous distribution subsidiaries around the world. In order to improve the speed and reliability of operational and financial forecasts, the group needed to better integrate the sales, purchasing and supply logics of its stores.

Challenge

Integrate the forecasting chain linking sales to store supplies into a single solution, for use primarily by sales and purchasing teams.

Approach

Keyrus Management provided end-to-end support for this sales forecasting and "open to buy" (constrained supply) calculation logic: - Familiarization with the existing and target Core Model - Definition of a development plan by model component - Design in agile and collaborative mode with future users - Assistance with learning how to use the model in real time during negotiations with suppliers - Complementary development of an inventory management module (current and transit stocks, future demand, safety stock by sales outlet), and tracking of purchases by cluster / sales outlet

Key results

Benefits

A structured approach to harmonizing working methods at both local and central levels has enabled greater visibility of the process, shared by the different teams. The model has significantly reduced the complexity of data collection, enabling more resources to be allocated to analysis.

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