While Zara and a few other global brands do 10 to 12 inventory turns in a year, most brands manage only 2 or 3 turns. One season of wrong buying can prove disastrous for brands. Inventory inefficiency is the biggest problem for brands to address.
By optimising the inventory mix at the most granular level, MS Enterprise helps brands achieve higher revenues and margins at a lower cost of inventory.
MS Enterprise is well-positioned to address the problems of the Fashion industry through the:
- 100s of fashion-focussed algorithms designed to take care of the finer details like
- Substitutability and cannibalisation among similar products through attribute grouping
- Ungrouping of stores and treating each store individually throughout the analysis
- Predicting demand at the right level of granularity
- Automatically taking care of availability issues and liquidation in the past
- Seasonality, Events and Product life cycle
- A lot of flexibility to enable the merchandisers to take care of operational constraints and for implementing strategic calls
- A team of Subject matter experts in Buying and Merchandising to help with the decision-making process
- Need for minimal to no manual intervention post the set-up phase
- Integrated with all significant LFRs for the seamless integration of Sales, Returns and Inventory data
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