Over 50% of a typical retailer’s inventory is invested in slow-moving items contributing to less than 5% of sales. This ties up cash and can dramatically increase your inventory carrying costs. Worse yet, industry research shows that 32% of customers do not buy a substitute if the item they were looking for is not on the shelf.
By optimizing your inventory and making sure that the items your customers want to buy are available when and where they want to buy them, you can drive sales and free up cash for other investments. Retailers have seen significant financial returns through inventory optimization including:
- Inventory turns improvements of 20-25%
- Sales increases of 8-16%
- Out of stock reductions of 3-5%
Find out more about how retailers break the boom-or-bust cycles that characterize inventory management and learn how to maximize the availability of fast-moving products by downloading this white paper from our parent company, Accenture: Achieving High Performance Through On-Shelf Availability
Powerful Solutions, Low Total Cost of Ownership
Avanade Enterprise Retail Solutions are built on a foundation of Microsoft® technology, including Microsoft Dynamics AX, the ERP solution shown by Nucleus Research to have the lowest total cost of ownership and fastest ROI when compared to other leading ERP solutions. Download the Nucleus Research Report: The Real ROI of Microsoft Dynamics AX.
Because our solutions are based on Microsoft® technologies, which support open industry standards, they can save you time and money by integrating easily with systems and applications throughout your organization. You benefit from the familiar, intuitive interfaces of Microsoft®, which can speed adoption, reduce training requirements and rapidly enable employees to perform their jobs effectively and efficiently.
The Power of Three
Avanade was formed as a joint venture between Microsoft® and Accenture to bring together technological expertise and insights to help customers realize business success. The combined business acumen, technology expertise, global delivery resources, and a technology platform designed for integration and ease-of-use, enable us to reduce the risk of complex deployments and aid customers in realizing faster returns. Expertise combined with the ability to draw on the right development and delivery resources from onshore and offshore locations worldwide, enables us to accelerate the delivery of projects, optimize results, and help reduce the cost and risk associated with large-scale deployments.
“Working together, Accenture, Avanade and Microsoft deliver business solutions that enable companies to improve performance, increase strategic advantage, and create real business value. The great strength of this alliance comes from our unique combination of innovative technologies, deep expertise, and a proven track record of success.”
–Steve Ballmer, CEO, Microsoft