About this Presentation
With over 1,100 branded chain stores across 38 countries and approximately 8,000 products, JACK & JONES is one of the brands of BESTSELLER, a family-owned clothing and accessories company founded in Denmark in 1975. After getting great results by performing the replenishment of its products with a pull system using DBM (dynamic buffer management) in its own stores, JACK & JONES was chosen to start using the same NeoGrid solution to manage the replenishment of thousands of partners through its worldwide, wholesale stores. Outstanding results came right away, during the first month of trial with partner Zalando: On-shelf-availability jumped from 85% to 95%, potential lost sales moved from 18,8% to 4,4% and sales increased 15,3% compared to the previous month. Key success factors include consistent POS data integration, adequate process change plan and trial execution, category management and dynamic buffer management. This new approach built a model that promoted effective linkage of the whole distribution chain as one system, reducing the levels of inventory in the system while coping with better product availability at the store level.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
The best delivery days for reducing lost sales are typically Mondays and Fridays, which are closest to the weekends.
Increasing the frequency of deliveries doesn't always result in the best scenario due to fluctuations in the norms.
The simulation model needs to consider different store layouts, sales performance rates, and multi-item models to be more effective.
Instructor(s)
