Oracle Retail Demand Forecast and Advanced Inventory Planning
Kroger is one of the world’s largest grocers with over 2,500 stores and 144,000 SKUs and one of the lead grocery retailers in the US. Having used Retail Demand Forecast (RDF v13) for some time, Kroger found themselves manually adjusting sales to account for causal events, out of stocks and other similar events. In an ever-competitive environment, Kroger was interested in enhancing technologies and creating internal efficiency.
Veltio was chosen to re-platform Kroger’s forecasting and replenishment planning due to our experience in deploying Demand Forecasting and Advanced Inventory Planning in the world’s dominant hardline organizations.
By implementing Oracle Retail Demand Forecast and Advanced Inventory Planning, Veltio established a single source of demand information that drives store and DC replenishment, while offering Kroger an end-to-end view of supply and demand across their supply chain.
Veltio managed to minimize the impact of the downstream order execution with new implementations and has also implemented a mechanism for immediate response to supply chain disruptions.
Kroger now owns integrated planning and execution processes that ensure total supply chain readiness; at the same time, collaboration has improved via effective partnerships with suppliers, stores, and distribution centers.