Based on your requirements the SilkRoute VMI team will implement and manage processes ranging from new product planning and forecasting to store returns and markdown identification. Our functional service offering will include but will not be limited to the following:
- New product forecasting and allocation
- Forecast analysis and tuning
- Forecasting and replenishment management
- Promotional forecast and allocation management
- Store assortment optimization
- Returns management
Any effective inventory management solution requires an optimized blend of technology, processes, and people. Each element is critical in creating a stable foundation. With more than a decade of experience in serving the world’s largest retail supply chains, SilkRoute brings proven business processes and experienced personnel to our customers.
As an objective third-party we are able to draw upon our process and technology assets to optimize inventory and supply chain trade-offs on behalf of our clients without prejudice. Our approach is based on the goals and objectives of our customers, expressed through service-level agreements and objectives. As a result our processes link our experienced VMI team members with the business and operational objectives of our customers. Rather than being simply custodians of the VMI systems, our personnel work collaboratively with customers to execute critical initiatives related to inventory management and subsequent working capital optimization.