Streamlining Replenishment Analysis for an Amazon Aggregator Business Saving 10 Hours/Week in Operations & 40% Revenue Increased
Project Summary
Initial Hurdles
Our client battled complex stock calculations
with manual process.
- Difficulty in meeting targets: The client encountered challenges in tracking stock levels, resulting in time-consuming manual assessments. This led to poor decisions and out-of-stock problems, impacting revenue and growth.
- Less Visibility: The Client was having less visibility on the relevant data as there was no unified dashboard leading to a lot of manual effort and difficulty in taking decisions.
- Missing Product Database: The client lacked an efficient product database, causing hurdles in shipment creation and data validation. This information gap disrupted operations, highlighting the need for a streamlined solution.
- No Product Segmentation: The absence of product segmentation resulted in a scattered focus, diverting attention from high-revenue-generating items. This impacted the ability to maximize the potential earnings.
Plan of Action
- Dashboard Creation for visible data: Brankit created a unified dashboard to enable inventory management integrating data from Amazon, 3PL, Suppliers & Sales Team reflecting the status of 1000+ SKUs at one place with all the relevant data such as monthly sales, daily sales, DoH in-transit, DoH at Amazon, etc. leading to efficient decision making within no time.
- Automations to save time: We created automations for repetitive work saving 10 hours/week in operations. Automations were created for shipment approvals, calculation of replenishment needs and shipment creation.
- Product Database: Created a database for products and integrated that with the dashboard to have visibility from Marketplace to Sales Channels to item level.
- Brankit Specializes in managing Teams: We created Structured SOPs on how a task can be performed in the most efficient manner taking less manual effort and time. SOPs include short videos as well as step by step procedures in written form.
- Product Rationalization: We were able to cut down the low performing SKUs which helped us to focus on high performing products, reduce down inventory on-hand and developed a process to move out slow moving products.
Outcomes Achieved
- Increased Revenue: We achieved 99% In-stock Rate in 90 days resulting in the Revenue Increase of 40%.
- Meeting Replenishment KPIs: Dashboard provides a clear view on the Days of Inventory in Amazon & In-transit to Amazon for each SKU, this helps in maintaining the targeted Days of Inventory and improving the overall Inventory management between Amazon and 3PL.
- Time Saving in Operations: Creating automations and introducing an optimized way of replenishment resulted in saving 10 hours/week, allowing more time to focus on important business areas.
- Visibility: Our unified dashboard provided a comprehensive view of Inventory data at SKU level, including daily and monthly sales, Amazon and 3PL inventory levels, and shipment requirements.
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What Our Clients Say About Us
propelling them towards achievements and shared success.
Aug 16, 2023
Very professional and experienced
Very professional and experienced. We use them for their supply chain management, and direction advise on other areas we can improve. A+
Aug 18, 2023
Highly recommended!
Their expert team seamlessly integrated with our operations, boosting efficiency and productivity. What sets them apart is their tailored solutions, transparent communication, and unwavering commitment to customer satisfaction. Highly recommended!
Aug 18, 2023
Seamless Supply Chain Management by Brankit
In my role as a Brand Manager working with an Aggregator, I've had the opportunity of working with Haseeb from Brankit for the past two years. During this time, he played a crucial role in enhancing the efficiency of our supply chain management within the Home & Wellness Category, which boasts a value exceeding $20 million. Haseeb's contributions have been instrumental in refining our replenishment processes for over 1000 SKUs. Additionally, he has seamlessly integrated technological solutions into our operations through the implementation of ERP and inventory management systems. Working with Haseeb has been nothing but great. His professionalism, expertise, and positive work demeanor shine brightly in all our interactions.
Aug 30, 2023
Ecommerce Guru
To sum up my experience with Haseeb, his proficiency in the field, patience, and thoroughness were exemplary in every aspect of his work. From his impeccable attention to detail to his exceptional personal communication skills, he consistently went above and beyond to meet my needs and exceed expectations. Moreover, his unwavering dedication and ability to effectively communicate in English further enhanced the experience as he tutored me along the way in the Ecommerce journey. If you are looking for detail, knowledge and patience, Haseeb is your guy!
July 06, 2024
Really excellent work all round
Really excellent work all round - highly recommended and will continue using their services.
May 02, 2024
Working for half a year with Brankit..
Working for half a year with Brankit I am very happy. Keep it up!
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