RPE Helps Retail Businesses Achieve Greater Profitability Using Advanced Inventory Optimization Software
Are you looking for a way to cut down on excess inventory while still meeting your customers’ needs and avoiding out-of-stock situations? If so, RPE can help. We’re a retail consulting firm that’s been providing retail systems consulting services and omnichannel retail software solutions to North American retailers since 1999. We offer state-of-the-art inventory optimization software, such as the suite of JDA Inventory Optimization solutions, that help our clients more accurately balance supply and demand.
How Can JDA Inventory Optimization Help Your Retail Business?
In today’s retail marketplace, inventory optimization is critical for accurate retail planning. In the past, retailers often followed the “binge and purge” retail planning model, whereby they over-invested in product to satisfy potential demand surges. Until the inventory sold, it took up warehouse space and ran the risk of being damaged or becoming obsolete. Plus, surplus inventory meant less available cash for the company. In the end, retail businesses often needed to discard excess inventory at reduced prices, leading to decreased overall profits.
By implementing inventory optimization practices, on the other hand, retailers can achieve better fill rates without the need for surplus inventory. JDA Inventory Optimization software solutions will help your retail business do exactly that. These state-of-the-art software solutions align day-to-day inventory plans with top-level goals on an ongoing basis to produce long-term results. Your retail business will continually improve its inventory strategy and keep up with the ever-changing market.
Get Started With Inventory Optimization Software Today
If you’re interested in having inventory optimization software implemented at your retail business, please contact RPE today for a consultation. When you call, our knowledgeable team will tell you more about the benefits of JDA Inventory Optimization solutions and answer any questions you may have about the products and services we offer.