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Inventory Replenishment Planning
Your Retail Coach
4. Inventory Replenishment Planning
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Dark stores are a boon, but one critical challenge is inventory replenishment
Retailers need to ensure management and order fulfillment systems can handle this model
The order management system should be able to send real-time inventory updates to websites. They should also monitor inventory in real time and replenish it quickly to reduce lost sales due to outof-stock items
Inventory management systems, should be able to handle situations when customers do not collect orders in scheduled times.
Scheduling and releasing the order for picking up to a dark store based on order creation or other priorities set by a business is important
Your Retail Coach
5. Time & Motion Analysis to ensure low manpower and high output
Such analysis helps to develop an ideal time and method to complete each and every internal process
Such analysis also serves to increase productivity, providing a standard of performance for measuring labor efficiency
When standard time benchmarks are set, management can also single out ineffective performance or cases of idle time
