Profit Rocket consolidates multi-company sales and inventory data to generate daily alerts that are prioritised into actionable tasks in the hands of the right people at the right time.
Stock is your business’s capital so you have to make sure that it works hard. Having the right stock levels at the right place for the right price ensures that you get the best return. Minimising the stock outs is key for customer loyalty and minimising overstock levels ensures that you don’t have capital that underperforms.
Apple has a stock-turn of approximately 52, and its closest rival about 7. Never mind that Apple has great products, what it does really well is manage its stock levels, which in turn creates a supply level that maximises its profitability. Profit Rocket is a great tool to get you started on managing your stock levels optimally.
Profit Rocket Retail let’s your suppliers know when things are going wrong by providing them with actionable alerts that have the biggest impact on your store operations – making sure you always have the right amount of stock to hand when you need it. Profit Rocket analyses your sales and inventory data for each of your suppliers, giving them high level insight into their performance - and helping them perform better. Plus they can unlock additional intelligence in your retail environment to see how they compare in their market space in turnover and profitability.
Not all of your customers will collect detailed sales data, and some may not be able or willing to share this with you. Profit Rocket leverages your invoice data with your sales strategy to identify cross-sell and up-sell opportunities, and points out defecting customers before they leave.
Juggling production costs, logistics and stock holding across a multitude of retailers costs you time and money, and is a messy initiative. Profit Rocket Pro balances sales data with your business goals to push near real time alerts to your merchandising team on the ground, optimising ranging, distribution cost and stock availability.