An empty shelf = A lost sale and an unhappy customer
For brick n mortar retailers stock-outs are a common menace. With thousands of SKUs, it’s unsurprising when a marginal few are unavailable. But it greatly impacts both sales revenue and customer loyalty.
Stock outs usually occur due to
Deficient shelf replenishment practices
Shortages of supply from a supplier
Vin SIM provides omni channel commerce to brick n mortar retailers and comes packed with Automated Shelf Replenishment capability.
Did You Know?
According to the Harvard Business Review, deficient shelf replenishment practices account for 72% of all stock outs!