Deep Expertise in the Details of Inventory Planning and Control
Inventory planning and control in enterprises that have multiple sales channels and communications platforms requires a unique approach. The Grayson Company combines its strong merchant background in the omni-channel environment with unparalleled analytical rigor to deliver best-in-class inventory planning and control solutions.
The foundation of the TGC approach to inventory planning is the assignment to all products of classic hierarchy coding, by department, class, subclass, color, etc. and adding the coding of meaningful attribute coding across product categories. This allows the level of performance analysis which identifies where the real problems and opportunities in adjusting the assortment exist.
We have been extremely successful in working with our clients to establish these coding hierarchies and in establishing systems and processes to ensure that forward sales projections by product category have high levels of accuracy and that inventories planned and purchases made are spot on to what is required for optimization of sales and gross margin.
We have also managed on an interim basis, the planning, analysis, and allocation functions for smaller clients while they built their in house staff and structure and put our proven planning processes in place.