Family Express Improves Inventory Management with Retalix

Family Express has improved its inventory management operations by deploying Retalix Demand-Driven Replenishment solution across its convenience stores in Northwestern Indiana.

 

The demand forecasting and inventory replenishment system allowed Family Express to reduce its tobacco order size by 21% and increase its average monthly inventory turnover per store by 2.5 turns. The software application has also helped decrease the retailer's average inventory days on hand for tobacco products by 2.4 days.

 

"Retalix and its Demand-Driven Replenishment solution have helped up optimize our inventory management and elevated our operations to a higher, more sophisticated level," said Bill Nolan, vice president of marketing for Family Express. "The sales, turnover and inventory-on-hand improvements that we've witnessed illustrate that the Retalix solution accurately forecasts demand for each store and keeps our inventory at an optimal level, which ultimately impacts our bottom line."

 

In addition, the Demand-Driven Replenishment solution has given Family Express the option to automatically re-order a significant percentage of all items in its stores, reducing inventory management labor and increasing customer face time. The convenience retailer is also experiencing a lower out-of-stock rate.

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Family Express Optimizes Inventory Management