Helping retailers manage products best-suited for their brands
4R addresses supply chain complexities and analytics required to ensure they can get those desired items in-stock, in the right quantities, at the right locations.
Avoid wide fluctuations of inventory to meet always-available customer demand
Real business results:
Dramatically decrease excess inventory by >60%
Increase sales and annual sales projections
Reduce lost sales across departments and product categories
Plan for future growth and investments by anticipating changes in demand for different products and categories
An industry defined by trends needs leading tools and planners, like 4R to capitalize on the trends and maximize revenue. With 4R AI and cloud technologies, brands can:
- Increase APR, leading to increased profits
- Reduce inventory carrying costs
- Reduce stockouts
- Reduce markdown loss
- Minimize risks with optimized vendor / supplier orders
Accurate demand forecasts stabilize supply chains, build vendor confidence, and identify profit opportunities.
The new challenges facing the fashion industry (apparel, footwear and accessories) are actually the old challenges they faced prior to the pandemic – predicting demand and planning inventory.
The 4R suite of Intelligent Inventory Optimization solutions have proven to help retailers meet customer expectations, improve profitability, reduce inventory, and empower employees – some clients realizing $6 million to $265 million in incremental profit.
We focus on the high-value processes for optimizing supply chain and inventory management, in these core functions: Demand Planning, Replenishment, Assortment, Allocation, Markdown and Vendor Orders. Our profit-optimized solutions take full advantage of advanced analytics, which leverage these improved predictions and promise to provide stability to avoid wide fluctuations and deliver profit improvements across the supply chain and merchandising decisions.
The 4R experts who built the best-in-class AI-powered solutions provide planning as a service (PaaS) to maximize overall business efficiency and ROI.
Additional Resources
The 4R team of supply chain and inventory planning experts understand the apparel and footwear retail sectors.
Learn how an off-price retailer achieved on-target profits by overcoming many inventory management challenges in this case study
Assortment Optimization
Hardware retailers carry a broad product portfolio, featuring a wide range of seasonal, evergreen, fast-moving and slow-moving product categories. The vast assortment of products coupled with the complexity of allocating the optimal assortment for every location makes effective inventory forecasting, planning and supply chain productivity even more challenging. Watch how 4R can help.
Webinar OnDemand: Seasonal Allocation Planning Best Practices
See higher levels of revenue and profit on your seasonal items
The purpose of the webinar “The Importance of Read & React in a Seasonal World” is to share allocation planning best practices. The webinar helps retailers reframe how they position seasonal inventory to maximize revenue, and reduce stranded inventory and the need for markdowns.
See how 4R can helps retailers manage inventory as an investment and optimally match products and product mixes with local demand trends.