Homeware Retailer Swaps Spreadsheet Manipulation for Strategic Analysis
Homeware retailer Tuesday Morning historically used multiple disconnected spreadsheets to plan inventory at the SKU level. This limited the retailer’s ability to forward plan potential sales as it only looked at past sales to determine future product placement.
As the company grew, it knew its dated forecasting techniques were no longer best serving the business. Tuesday Morning needed a digital supply chain planning solution to help its planners identify the right inventory for each store to maximise service levels and boost margins.
The retailer needed a solution that would provide more visibility into demand, along with the flexibility to quickly adapt plans in changing market conditions.
Tuesday Morning turned to Logility to develop a strategic view and plan for allocating inventory across its network of retail locations in the United States.
Advanced allocation planning software provides new visibility into forecasted demand, allowing the planning team to rapidly develop and evaluate multiple scenarios to determine where and when to most profitably allocate inventory.
The Logility platform has allowed Tuesday Morning to invest more time in strategic, value-add analysis instead of spending time manipulating data in spreadsheets.
The retailer has also been able to introduce greater automation into its planning cycles, thanks to Logility’s ability to allocate individual SKUs together as a collection to a specific store location.
With improved visibility from the Logility solution, the homeware retailer is allocating inventory more effectively across its 800 stores.