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How Alamode is acing growth with right stocking estimations

About Alamode:
Alamode is one of India's leading fast fashion e-commerce brands, boasting over 18,500 active SKUs across 8 categories. Known for its trendy and diverse product offerings, Alamode faced significant challenges in managing its extensive inventory efficiently.

About Alamode:

Alamode is one of India's leading fast fashion e-commerce brands, boasting over 18,500 active SKUs across 8 categories. Known for its trendy and diverse product offerings, Alamode faced significant challenges in managing its extensive inventory efficiently.


The Challenge:

Alamode's rapid growth and expansive product range led to several inventory management challenges:

  • Tracking Pending Vendor Orders: The use of isolated spreadsheets made it difficult to track pending vendor orders, hampering restocking estimations.

  • Restocking Newly Launched SKUs: Recently launched SKUs were often missed in restocking due to the unavailability of their in-stock Daily Rate of Return (DRR).

  • Manual Inventory Analysis: Inventory analysis was a time-consuming manual process, taking up to 3 hours each time.

  • Lack of Bestseller Stockout Dashboard: There was no dashboard to effectively track stockouts of bestsellers, impacting sales and customer satisfaction.


The Solution: EasyReplenish

To address these challenges, Alamode turned to EasyReplenish. The solution provided several key benefits:

  • Seamless Vendor Order Tracking: Vendors can now enter dispatch details easily, providing clear visibility of all pending orders.

  • Automated Inventory Analysis: The time required for inventory analysis was drastically reduced from 3 hours to mere minutes, thanks to automated pre-filled purchase orders with accurate stocking estimates.

  • In-Stock DRR Calculation: EasyReplenish introduced an accurate in-stock DRR method, enabling Alamode to identify bestsellers quickly and restock them efficiently.

  • Smart Purchase Planning: Leveraging ABC classification, Alamode could now minimize stockouts and plan working capital more strategically.


Impact: Before vs after EasyReplenish

Aspect

Before EasyReplenish

After EasyReplenish

Vendor order tracking

No clarity on pending orders.

Vendors are able to enter dispatch details and all pending orders have clear visibility.

Rate of sales (DRR)

Taken flat average.

In-stock DRR based on the number of days the SKU was in the inventory.

Inventory analysis

Manual spreadsheets - 3+ hours each time.

Automated - hardly 10 mins to review every aspect.

Bestseller focus

No Bestseller stockout dashboard

Leveraging ABC classification in purchase planning.

Opportunity loss with new launches

Fast movers which stocked out early were missed.

Accurately identified - 'New' category tag + in-stock DRR helps.

Testimonial

Jayant Sethi, Co-founder of Alamode, shared his experience with EasyReplenish:

"Our decision making on purchase planning is much sharper after using EasyReplenish. Their team understands the apparel business very well!"

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