Watch the video to learn how Accenture Retail Fulfillment Solution will benefit your business.
Accenture’s Retail Fulfillment Solution is designed for urban retailers to improve inventory forecasting through rapid integration with existing technology. Asian retailers want to ensure a seamless customer experience, but cannot afford to hold large amounts of merchandise in limited spaces.
Today’s urban retailers have to manage inventory in a challenging environment. Their stock turns over more rapidly in city stores than in suburban locations and given the high cost of rent, city stores must enhance their ordering systems. The consequences of holding too much or too little stock can be disastrous for retailers.
At the heart of the Accenture Retail Fulfillment Solution is a patented data management system that uses proven logic processes to forecast inventory across a range of product lines and levels of stock management. The dynamic system adjusts to fluctuating demand patterns to predict inventory needs and can be rapidly introduced and integrated with existing systems. And by applying sophisticated analytics, the system continually improves inventory replenishment practices.
It has substantial benefits for retailers across six key areas:
Optimize inventory management efficiently
Calculate optimum order quantities
Proven solution with demonstrated value
Flexible pricing options
Connection via the cloud
Generate accurate, actionable insights
Accenture Retail Fulfillment Solution was built in Asia and based on Asian-developed technology. Designed for retailers of all sizes, it can be rapidly introduced and integrated with existing systems to forecast future inventory needs.
Accenture’s analytics professionals will customize the patented engine to take into account each client’s strategic focus and corporate goals. And ongoing support and fine-tuning the predictive capabilities helps our clients stay ahead of the competition.