Assortment Planning, Pricing & Supply Chain
OKEY is one of the largest grocery chains operating in Russia managing more than 150 stores and more than 20,000 SKUs. The company operates under two main formats: hypermarkets and discounters.
OKEY’s Supply Chain was partly managed manually and partly automated, leading to a lack of synchronization across systems and departments as well as issues in Store replenishment and Distribution Center fulfillments. Non-centralized supplier orders lead to time and volume inefficiencies making it impossible to view the wider horizon.
With Veltio’s Assortment Planning, Pricing & Supply Chain solution, OKEY was able to automated the assortment and pricing processes therefore customer satisfactions increased as well as significant economic effects. Moreover, OKEY managed to boost operational efficiency, centralize and synchronize their supply chain, increase service level & reduce waste by automating their supply chain & improving their forecast accuracy.
In turn, better quality forecasts ensure higher service level at the same time with less overstock since stores and DCs are stocked with the right product in the optimal amount to meet customer demand – effectively shifting OKEY from a reactive to a proactive inventory model.