Avoiding out-of-stock

How to optimize order quantities, cut costs and increase earnings with Compex Commerce^®

According to a study of the AdOSA forum (Advanced optimally shelf Availability) one customer out of ten doesn't even find at least one product in the shelf while going shopping. The results are dissatisfied customers, who will switch permanently to the competition. This signifies an annual loss of sales of at least four percent for the retail. In order to avoid out-of-stocks it is for example important to obtain an exact prognosis of future customer demands, to realize increased sales figures of an article on time and to turn demands into a prompt order.

The standard retail software Compex Commerce of Compex works with automatic replenishment and stochastic forecast proceedings. Consequently the range of goods is available in right quantity, at the right time, in the right place. Even if the demand changes permanently according to weekday, season, school holidays etc. Because of the automatic and auto-adaptive replenishment Compex Commerce is used as well as on store- as on shop level.

It all comes down to the right model

Contrary to other forecasting processes Compex does not only focus on pure empirical values - the company goes the extra mile. In order to obtain permanently current values, the system projects past values in new models and transfers them to prognosticating data of today. Afterwards a comparison of the calculated data with the actual sales follows.
With the results Compex Commerce creates for each individual article prognosis scenarios and optimizes them permanently according to the real sales process. It adapts and adjusts itself almost independently and after a short time it obtains more and more accurate values, which have optimal order quantities as a result.