Stockouts cut by 19% in 5 weeks with Smart reordering

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‍About Salty:

Salty, one of India's fastest-growing Gen Z jewelry and accessory e-commerce brands, manages over 6,500 active SKUs across eight categories. With new SKUs launched every week, the brand thrives on variety and innovation.

Challenges:

Salty faced significant challenges in managing its inventory due to the fast-paced nature of its product launches and diverse SKU categories:

• Diverse Product Catalog: Handling a wide variety of products with distinct demand patterns.
  
• Stockouts and Overstocking: Minimizing stockouts while avoiding overstock situations.
  
• Manual Inventory Analysis: Time-consuming manual processes for inventory analysis and planning.
  
• Visibility Across Channels: Limited visibility into SKU performance across different sales channels.

Solution Implemented:

Salty turned to EasyReplenish for a tailored inventory management solution, which included:

• ABC Classification in Purchase Planning: Leveraging ABC classification to strategically plan working capital and minimize stockouts.
  
• Promotion of Non-Movers: Tactically promoting non-movers (Category D) to reduce dead inventory.
  
• In-Stock DRR for Bestsellers: Using in-stock DRR to identify and stock bestsellers from recently launched SKUs.
  
• SKU Performance Across Channels: Enhanced visibility into SKU performance on platforms like Shopify, Myntra, and Nykaa.
  
• Trend Analysis: Conducting daily, weekly, and monthly trend analysis to understand customer preferences better.

Before vs After:

The implementation of EasyReplenish yielded impressive results for Salty:

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