Source: Nucleus Research
THE BOTTOM LINE
The Vitamin Shoppe deployed a solution from 4R Systems Inc. to improve replenishment and inventory performance for both its in-store and online business. Nucleus found that 4R’s Store and DC Replenishment Optimized Inventory Service allowed the specialty retailer to take profit margins into account in determining inventory replenishment.
- Increased in-stock availability of store product from 90 to 96 percent
- Upped inventory turns from 30 percent.
- Cut back order rates from 10 to 4 percent
- Achieved payback under the target date of two years