How AI Is Helping Retailers Right-size Inventory
June 28, 2023
No garment, no matter how durable, how locally sourced, how biodegradable, how many times it can be recycled, can ever be as sustainable as the garment that was never made. With that eye toward sustainability, as well as cutting waste from the expense line, Rachel Liaw launched Fuse Inventory in 2016, a hyper-advanced version of the Excel spreadsheet still being used by many companies. WWD
SMART ORDER RECOMMENDATIONS ALLOW TRUE BOTANICALS TO SPEND MORE TIME ON SUPPLY CHAIN STRATEGY
March 26, 2021
True Botanicals was founded by Hillary Peterson in 2014. After being diagnosed with thyroid cancer at the age of 32, Hillary came to understand the troubling connection between one’s self-care products and their health impacts. Disheartened by the lack of ingredient regulation in the beauty industry, Hillary pivoted careers, helping build a local Bay Area skincare brand that prioritized thoughtfully researching the health and environment sustainability of their products.
With a storefront integration, True Botanicals was able to actualize sales daily in Fuse. This allowed the operations team to generate a forecast, at any time, with up-to-date sales trends and seasonality. By eliminating the need for constant manual updates in Excel, True Botanicals was able to focus on making more strategic forecast adjustments using Fuse’s events forecasting module.
Read more about the TRUE BOTANICALS case study – Fuse Inventory.
SNOWE USES FUSE TO LAUNCH NEW RETAIL LOCATIONS SMARTER AND FASTER
March 26, 2021
Snowe is a DTC home essentials brand born from the idea that luxury, quality products should be available at an attainable price point. Often referred to as the Everlane of home essentials, Snowe’s timeless aesthetic will help you build the foundation for your life: eat, drink, sleep, and bathe. Founded in 2015 by Wharton grads Rachel Cohen and Andrés Modak, Snowe has expanded from e-commerce to multiple retail locations and third-party retail partnerships.
Using Fuse’s forecasting module, Snowe segmented their business by different sales channels, and assigned channel-specific goals and targets. They had quick visibility into how each retail location was tracking to those goals, with easy-to-share graphs and real time updates. Also, by navigating to Fuse’s smart order recommendation module, Snowe was able to surface urgent restocks and ensure they were optimizing each channel’s reorders and OH inventory levels. With Fuse, Snowe reduced the strains of manual work in spreadsheets to give the operations team time to focus on all of the other factors that go into managing these additional sales channels.
Read more about the SNOWE case study – Fuse Inventory.
MARGAUX MINIMIZES STOCK-OUTS AND OVERSTOCK DESPITE HUNDREDS OF SKUS
March 26, 2021
Margaux is dedicated to quality and customer experience above all else. Given the variety of product offered in many colors and sizes, it was hard to keep track of historical performance and leverage that data to forecast demand. Margaux wanted to make sure that each and every customer that came to the site could get the exact product in the exact size she wanted. This dedication to quality resulted in overstocking lower volume SKUs, tying up tens of thousands of dollars of capital. Without additional visibility into the data, it was a tough challenge to avoid. With Fuse, Margaux can now easily see their sales data, inventory levels, open POs and place their inventory buys with confidence.
Read more about the MARGAUX case study – Fuse Inventory.
AELLA GREW REVENUE 7% AND HAD ZERO STOCK-OUTS IN Q1
March 26, 2021
Previously stuck planning inventory in Excel and Google sheets, Aella now uses Fuse to forecast demand, order inventory, replenish inventory and track procurement. Fuse provides a holistic ecosystem where key stakeholders like the CEO can gain visibility into the company’s current and expected performance. Fuse’s sophisticated algorithms help automate the team’s work so that they can spend time analyzing the data rather than collecting data and creating the analysis in Excel from scratch. Fuse’s structured process for creating the initial buy and replenishment recommendation helps streamline Aella’s workflow making sure that the company avoids stock outs of critical core SKUs.
Read more about the AELLA case study – Fuse Inventory.
Rhone.com increases its conversion rate 40% with help from analytics
March 3, 2017
Fuse is “an integral part of Rhone’s inventory forecasting. Inventory management can make or break a company,” Malt says. “Companies can have too much product and be forced to do liquidation sales or not have enough and miss out on big sales opportunities.” IR.com.
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