Retail replinishment

Replenishment of Inventory in Organized Retail

Presented

By

Ramesh M

Introduction

Retailers are often dealing with an inventory replenishment environment in which deliveries are periodically (based on a delivery schedule per store), replenishment quantities are an integer multiple of a fixed case pack size, sales follow a daily pattern with peak sales. In such an environment many retailers apply a Full Service (FS) replenishment strategy.

Pantaloon Retail [India] Limited

Factors Replenishment in Retail

Short type Item type Lead times Average sales Promotional activity Event Season

Replenishment Cycle

Retail order triggerRetail order entryRetail order fulfillmentRetail order receiving

Conclusion

The retailer can reduce the amount of outdating due to LIFO

withdrawal at the expense of additional handling. The retailer,

resulting in just in time replenishment of the shelf and

improved execution of the store operations, has also a

positive impact on the use of our natural resources beyond a

mere cost saving