Fast-Fashion Retailer Stocktaking Solution
A leading fast-fashion brand retailer with over 500 stores in the UK and Ireland required the support of RGIS. The retailer has a transactional website which ships to around 66 countries world-wide.
REQUIREMENT
A leading fast-fashion retailer wanted a stocktaking solution that would give extra detail per unit to more accurately analyse the stock, so required RGIS to provide the following:
- National coverage
- Stocktake to be completed during working hours, with no disruption to business, staff or customers
- Reporting that would give extra detail per unit including:
- SKU
- Style
- Colour
- Size
SOLUTION
The leading fast-fashion retailer partnered with RGIS to complete the detailed reporting store stocktaking project, and provided the following:
- Experienced RGIS teams worked closely with stores to confirm scheduling restrictions
- Created a tailor-made program for the customer
- RGIS maintained regular contact with all store managers
- Reviewed both stock in the back room and on the sales floor for preparation
- Accuracy checks conducted on all counts
RESULTS
The leading fast-fashion retailer found by outsourcing the detailed reporting store stocktaking project to RGIS the following results were achieved:
- Improved accuracy and availability in-store, due to the greater level of detail within the reporting
- A process was defined to include gift card and vouchers, which reduced shrink numbers
- Reliable data gave less stock outs in-store which meant more products were available to customers