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How Nobero streamlined demand forecasting and Inter-Warehouse Inventory

A leading athleisure e-commerce brand managing 20,000+ SKUs across multiple warehouses sought efficient inventory solutions.

Nobero, a leading athleisure e-commerce brand managing 20,000+ SKUs across multiple warehouses sought efficient inventory solutions.


Challenges:

  1. Diverse Product Catalog: Handling varied products with distinct styles and demand patterns.

  2. Multiple Warehouses: Sales velocity of SKUs are varies with the warehouse location

  3. Replenishment Planning: Optimizing replenishment considering sales velocity and days of coverage across warehouses

  4. Interwarehouse Transfers: Preventing stock outs through SKU and transfer date recommendations.

  5. Returns Management: Integrating returns with a defactoring factor for accurate demand forecasting.



Solution: Implemented a tailored inventory management system with key components:

  1. Style-Level Display: Enhanced visibility for product performance insights.

  2. Multi-Warehouse Replenishment Planner: Optimized stock levels considering location-specific metrics.

  3. Interwarehouse Transfer Recommendations: Intelligent algorithm for proactive stock management.

  4. Returns Defactoring: Integrated returns data for precise demand forecasting.



Results:

  1. Optimized Stock Levels: Reduced stockouts and overstock situations more precise demand predictions.

  2. Improved Replenishment Efficiency: Enhanced stock replenishment with location-specific considerations.

  3. Proactive Interwarehouse Transfers: Prevented stockouts through timely stock transfers.



Conclusion: Our tailored solution addressed multi-warehouse inventory challenges, ensuring improved efficiency and supply chain management. This case study emphasizes the value of customized solutions in navigating inventory complexities.


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