RELEX WEBINAR
Duration: 45 Minutes + Q&A
Those who watch this webinar can expect to come away with an understanding of:
DIY retailers know all too well the struggle to ensure that the right inventory will be in stock to meet inconsistent customer demand, particularly when dealing with slow movers and seasonal products. In this on-demand webinar, two supply chain experts from DIY retailer Hellweg, Bastian Theis, Head of Store Supply, and Christian Althaus, Head of Supply Chain, discuss how they identified and overcame these challenges, particularly when COVID-19 caused further complexities for the business.
"Our old system made an order proposal to each store based on the sales of the previous year, but as every year is different, the gut feeling of the person sitting in front of the proposal had a large influence," says Theis. "These [ordering] decisions had to be taken a thousand times a day, so we believe it's better to have a centralized and homogeneous approach."
Althaus explains that implementing an effective centralized and agile solution helped solve some of their inventory issues while optimizing stock levels of their 60,000+ item assortment and alleviating the worries of their decision-makers.
The goal for Hellweg, says Althaus, "is to improve the system [with technology and data] instead of trying to fix something with a manual order." When combined with the experience of Hellweg's personnel and the understanding of the business needs and local store patterns, RELEX helped improve each forecast. Althaus notes that this new centralized process "is not a revolution" but an "evolution" in DIY inventory management.
If you have any questions about our webinars, please contact: webinar@relexsolutions.com
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Christian Althaus After more than 10 years in various industrial Supply Chain Management positions, Christian Althaus has spent the last two years on integrating store supply, import business and logistics as Head of Supply Chain at Hellweg. |
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Bastian Theis After working more than 10 years in the consumer goods industry and leading different European supply chain teams Bastian Theis joined Hellweg last year. He has taken over the lead of the Supply Planning team to ensure the best supply of 150 Hellweg stores. |
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Timo Ala-Risku The webinar will be moderated by Timo Ala-Risku, currently leading a team of presales process and solution experts in Europe. With a background in supply chain research, Timo has been with RELEX for the past decade and is always keen to understand novel retail planning challenges and opportunities to improve retailers’ business processes.
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RELEX Solutions helps retailers and consumer brands drive profitable growth across all sales and distribution channels by maximizing customer satisfaction and minimizing operative costs. Our market-leading, unified supply chain and retail planning platform helps retailers and consumer goods companies align and optimize demand, merchandise, supply chain, and operations planning across the end-to-end value chain. We drive record-high product availability, increased sales and margin, improved sustainability, and the best return on investment in inventory, space, workforce, and capacity. Leading brands like Autozone, Stokke, Tractor Supply Company, Rite Aid, Sprouts Farmers Market, Vitamin Shoppe, and Family Farm & Home trust RELEX to optimize their supply chain and retail planning.
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