Weis Markets, a 164-store grocery chain based in Sunbury, Penn., plans to optimize its overall in-stock position and reduce excess inventory and out-of-stocks in its stores, using Retalix’s Demand-Driven Replenishment solution.
“We wanted a system that could provide demand-based forecasting and replenishment and assist us in optimizing our inventory. Retalix’s Demand-Driven Replenishment solution was the ideal fit,” said Bob Mawyer, vice president of information technology at Weis Markets. “In addition, we expect it to help us drive sales and improve our customer experience by reducing out-of-stocks, while making our operations more efficient and reducing overall costs.”
Retalix’s Demand-Driven Replenishment solution is part of the Retalix Merchandising Solution Suite. It is a demand forecasting and store replenishment system designed specifically for fast-moving consumer goods retailers, to optimize inventory management and positions, reduce out-of-stocks, streamline the order process, improve cashflow, and help retailers use resources more efficiently.
“We’re excited to extend our partnership with Weis Markets and are positive that Retalix Demand-Driven Replenishment will assist them in optimizing their inventory positions and replenishment processes,” said Roy Simrell, president of Retalix USA. “We believe Weis Markets will experience increased visibility and control over its inventory management, which should help them cut costs, increase margins, and provide superior customer service and stock availability through automated product replenishment.”
The Demand-Driven Replenishment solution is based on Microsoft technologies, and is comprised of four core modules: Demand Forecasting, Inventory Management, Order Optimization, and Analytics, and it contains advanced proprietary algorithms to interpret demand and optimize replenishment orders. Retailers using Demand-Driven Replenishment have reported significant out-of-stock reductions, decreased inventory levels and inventory costs, and lower spoilage of perishable products.
Weis Markets plans to roll out Retalix Demand-Driven Replenishment this year, and the solution will also be integrated with the other Retalix solutions already in use by the grocer. A customer of Retalix for more than 10 years, Weis Markets has been using Retalix’s supply chain management solutions and HQ/Store pricing and merchandising system.