WIS UK Success Stories
A selection of customer case studies.
Retailers in the UK wake up to realise Strategic Inventory routines increase sales revenues by up to 6% per year.
Twenty years ago, Stanley B. Vogelsang wrote what would later prove to be one of the single most insightful descriptions ever of how to succeed in retail. He wrote: The physical inventory or merchandise in the store is each retailer’s primary asset. How that asset is managed will likely determine the success of the retailer.
A Clothing Retailer Success Story
Can you compete in modern clothing retail when more than a third of your stock is actually missing?
How WIS and a leading retail client collaborated to turn around a shambolic annual independent stock take…
Dunelm has one simple purpose. To help you create a home that you love! They are the UK’s No.1 homewares retailer, with 172 stores offering a wide range of products to enhance every room in your home. The growth of this key part of their business is securing future success and WIS are proud to play a part.
A Pharmacy Case Study
With 35% stock drift, you might think this retailer was in a uniquely bad situation.
You would be wrong !
Everyone in retail knows how important it is to have accurate stock. Without control, losses get ugly. Customers get frustrated at having clicked, but not collected. Profits decline. Result… Misery!
When it comes to ensuring a profitable future, The Range start with knowing what and where their inventory is. Choice and availability are what The Range are all about. With over 65,000 products across 16 departments, a firm grip on stock levels are essential. With WIS’s help, the inventory counting process that ensures the wide range is available to all, is completed accurately, on time and efficiently.
Why stock control through RFID is not as accurate or profitable as hands on counts.
Now you might think “that’s a bit of a strong statement,” but let me put things into context…
Waitrose have always seen regular stocktakes as key to providing their customers with best in class on shelf availability. Partnering with WIS since 2015 exclusively has meant the highest levels of service and accuracy.
Truly world class.
How racers and retailers harness data… to win!
WIS International’s Data Dashboards are giving leading retailers complete visibility of stock, preventing loss and growing profits.
By taking all of the raw data, that is an inevitable by-product of annual audits, our analysis provides extremely valuable insights into what is going on in the ‘engine room’ of your business, be that the warehousing, distribution centres, in-store stock levels or all three! And we can help you make winning decisions based on sound knowledge rather than bad guesses.