Automatic Replenishment

Reduce stock-outs, overstocks and the time it takes to create manual orders.

The traditional replenishment model based on manual ordering dependent on store staff has many disadvantages. Creating a quality order requires a lot of time, diligence, good analytical skills and experience. Even the most capable store staff often lack important data and information. As a result, it is often the case that products are often ordered only when there is an stock-out. Subsequent unavailability for several days leads to potential sales not being made and reduced customer satisfaction.

Automatic or semi-automatic orders are a great solution. It saves time for store staff, who can focus more on the customer. Goods are reordered in time to avoid stock-outs, but only in quantities that are reasonable to avoid overstocks and unnecessary expiration of the goods.

The main benefits of introducing automatic replenishment

Elimination of stock-outs

1

Quant checks the inventory levels in individual stores at set intervals and it creates product orders in a timely manner with respect to the required minimum daily reserve and according to the current sales trend. The goods are thus replenished before any stock-outs occur.

Reduction of overstocks

2

When manual orders are placed, more quantities than needed are often ordered to be on the safe side and overstocks are created. Quant continually updates the sales estimate for each individual store and orders the correct quantity taking into account the shipment intervals and required safety stock.

Time savings

3

By implementing automatic replenishment, you save the most qualified store employees several hours a week, allowing them to focus on customers and store operations. However, time savings are significant even if semi-automated orders are introduced, as the employees only check the design created by Quant.

“In 2019, we managed to deploy the automatic replenishment function in the Slovak Telekom network. The current results of the deployment of automatic replenishment are mainly an automatic increase of stocks by 10% in stores due to higher sales at the end of the year leading to better availability and the fact that we successfully respond to the enormous and irregular increase in turnover during Christmas. It would not be successfully managed without automatic replenishment.”
Jaroslav Bucko / Key Account Manager
FixDistribution
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Thanks to Quant, you can implement automatic replenishment in a matter of weeks

Integrated Planograms and Replenishment

Planograms and orders are very closely related. Quant automatically optimizes the quantity of products in planograms to allocate sufficient capacity for automatic replenishment. Orders automatically respect the minimum safety stock determined by the number of products in the planogram, so that there are no empty spaces. New products in planograms are ordered in time to be available when the planogram is published for implementation.

Semi-automatic Mode

When introducing automatic replenishment, support for semi-automatic mode is also available within Quant Web. Quant generates a draft order each day that can be manually reviewed and adjusted by store staff if necessary.

Ordering Days

For each store it is possible to define in Quant on which days an automatic or semi-automatic order can be generated.

Integrated Cost Efficient Solution

The use of many separate tools leads to inaccuracies and delays and is very cost inefficient. Quant offers a set of Category and Task Management tools within one integrated system in addition to an automatic replenishment solution.

Min Max Optimization

Quant continuously optimizes the minimum and maximum quantities of each product in all stores based on current sales trends. The ordering strategy can be defined for each category or individual product and store combination as a minimum/maximum daily reserve.

Automatic Replacements

Quant offers several advanced modes for automatic replacement of products on planograms. Replacement occurs only when the stock of the original product drops to a sufficiently low level. This makes the introduction of new products easier and also significantly reduces the amount of returns. Quant allows you to define a specific substitute or similarity criteria, based on which the most suitable substitute is selected automatically.

Split Order Proposals

Do your stores order directly from suppliers? No problem. Quant will generate a draft order for each supplier separately if needed. The draft can then be easily edited, exported to Excel and sent to the supplier.

Get Started Quickly

An intuitive user interface, an extensive set of online manuals, tutorial videos as well as direct user support are a guarantee that users will love Quant very quickly. Quant has long been one of the best user-rated solutions in the Retail Assortment Management and Space Planning Software categories at G2.