How a national retail chain achieved 98.5% service levels while reducing inventory carrying costs by 18% across 200+ stores, freeing up $85M in working capital.
This national retail chain was struggling with the classic retail inventory dilemma: maintaining high service levels while controlling carrying costs. With 200+ stores across 15 states, 25,000 SKUs, and complex seasonal demand patterns, they faced significant operational challenges.
"We were constantly firefighting between stockouts and excess inventory. Our store managers were frustrated, customers were disappointed, and we were losing money on both ends." VP of Supply Chain Operations
The retail chain selected GoodStock Pro for its advanced demand forecasting capabilities, multi-location optimization, and proven success with retail operations.
Connected GoodStock Pro to existing POS, inventory, and forecasting systems across all 200+ stores. Analyzed historical sales patterns, seasonal trends, and store-specific demand characteristics.
Configured AI-powered demand forecasting models that account for local demographics, seasonal patterns, and promotional impacts. Set up automated replenishment rules optimized for retail operations.
Phased rollout across store clusters with continuous monitoring and adjustment. Comprehensive training for store managers and regional operations teams.
Individual optimization models for each store based on local demand patterns, demographics, and seasonal variations.
Intelligent reorder point calculations that automatically adjust based on sales velocity and lead times.
Advanced algorithms that predict demand spikes from promotions, seasonality, and local events.
Comprehensive dashboards providing instant visibility into inventory performance across all stores.
The implementation delivered exceptional results, achieving the seemingly impossible: higher service levels with lower inventory costs.
"GoodStock Pro solved our impossible dilemma. We achieved 98.5% service levels while reducing carrying costs by 18%. Our store managers finally have the tools they need to make data-driven inventory decisions, and our customers are happier than ever."
Join retail leaders who've achieved the impossible: higher service levels with lower inventory costs