Replenishment

Replenishment is an important inventory management solution for today’s business climate. It ensures that retailers always have sufficient inventory to meet customer demand and prevent both stockouts and overstocking. Calculating how much stock to reorder, timing the purchases and determining product allocation across different locations should be a seamless process. Omnichannel retailers find it even more challenging as each channel often requires different inventory items. Replenishment software can help do exactly that. For companies that must manage many SKUs, one of the most effective ways of making store replenishment more accurate, efficient, and cost-effective is by using a replenishment system specifically tailored to operations.