How Knya Uses EasyReplenish to Ensure Timely Replenishment
Challenges
Knya, a leading medical apparel brand, faced significant challenges in enhancing their inventory management. Their focus on custom fabric sourcing required meticulous planning and tracking for their diverse range of SKUs. The key challenges included:
- Complex inventory management for custom fabric sourcing
- Need for precise planning and tracking of diverse SKUs
Solution Implemented
Knya turned to EasyReplenish to address their inventory management challenges. The solution provided several tailored tools and features:
- Style-Level Display: Visualizing inventory at the style level for a comprehensive overview.
- Inventory Planner: A dynamic tool tracking sales velocity, in-stock days, days of coverage, and open purchase orders (POs).
- Replenishment Planner: Coordinating color-level Minimum Order Quantities (MoQs) to optimize SKU reordering.
- Merchandising Modules: Streamlining job work creation and tracking, enhancing factory-level progress monitoring.
- Tracking Dashboards: Monitoring PO vs. Goods Receipt Note (GRN) for better procurement control.
Results
Implementing EasyReplenish's tailored solution yielded substantial results for Knya:
- Streamlined inventory planning significantly reduced the time required for forecasting.
- The precision in tracking sales velocity and color-level requirements enhanced demand forecasting accuracy.
Conclusion
The implementation of EasyReplenish transformed Knya's inventory management, overcoming challenges in custom fabric sourcing. The streamlined process, from inventory and replenishment planning to tracking factory-level progress, resulted in a substantial reduction in forecasting time and improved demand forecasting accuracy. This case study underscores the effectiveness of EasyReplenish's tailored approach in revolutionizing inventory management for businesses in specialized sectors.
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