Example: Controlling retail inventory levels and mark-down costs

A UK fashion retailer, having grown quickly to a turnover in excess of £100m needed to focus its attention more on operating costs and buying behaviours in order to sustain and protect profitability.

Supply Solutions were asked to examine existing inventory management processes including buying and merchandising behaviours.

Along with a review of warehouse procedures and contract arrangements Supply Solutions recommended new and more flexible buying and contracting processes with redesigned seasonal store distribution rules – all of which made significant reductions in working capital requirements and mark down costs.