Inventory management system，Precise ordering reduces inventory turnover days

Inventory management system

Precise ordering reduces inventory turnover days

Company B is a large chain supermarket company. In order to improve the turnover rate of goods and reduce the inventory turnover days, it has cooperated with DMALL to use the inventory management system. Based on the real-time analysis and prediction of commodity inventory and sales data, the purchase is determined by sales. The inventory turnover days have been reduced from the original about 35 days to an average of less than 21 days, and the out-of-stock rate has been reduced from about 7% previously to less than 2%.

Background and Issues

High inventory turnover days increase warehousing costs

The inability to update and synchronize sales and inventory data in real-time led to product backlogs, long turnover times, and high warehousing costs.

High out-of-stock rates

Outdated inventory data resulted in inaccurate ordering, which kept out-of-stock rates high and negatively impacted store sales.

Solution and Effect

Inventory turnover days reduced to below 21

After digitizing inventory management, sales, display, and inventory data were synchronized and updated in real-time, allowing for better control of stock.