Inventory Management

Using Celerant's inventory management tools, retailers can operate more efficiently. Keep track of inventory levels without the need to continuously enter data manually. Produce up-to-the-minute reports to help allocate merchandise to the stores that need it most. Leverage Planning and Open-To-Buy (OTB) tools to create/maintain forecasted plans, down to the store by assortment group level, and support more common hierarchical category (taxonomy) planning.

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pos for shoe gallery
``The real-time visibility within our Celerant retail system lets us compare inventory across our 4 stores and website- we’re able to see at a glance where styles are selling better, so we can allocate our products where they are needed the most. Without Celerant, I wouldn’t be able to react to sales trends as quickly and I would have more stock-outs and over-stocks, which would drive my customers to competitors’ stores.”
-Will Brooks, CFO, Shoe Gallery

Managing Inventory – From “Soup To Nuts”

When it comes to inventory, it’s important to manage the entire supply chain – from procurement through to fulfillment. Stratus Retail is designed to manage and maintain tight control over your inventory across all locations (stores, warehouses, Amazon, etc.). Both your website and point of sale will display accurate on-hand quantities since the system updates in real-time as you buy and sell merchandise. With tools such as Open-To-Buy and ERP, you can forecast inventory; manage procurement; automatically replenish stock; determine the best store to fulfill from; and drop ship through vendors. Having the right tools to manage your most significant asset – your merchandise – can drastically reduce costs, and maximize profit.

Inventory Management for Retailers

  • Inventory Fulfillment

  • Increase efficiency and reduce inventory overhead. Allow vendors to drop ship directly from their warehouse to your customer. Integrate with 3rd parties such as Amazon to outsource fulfillment; from inventory storage through order and delivery.
  • Store Supply Warehouse

  • Know where to ship from. By managing each store as its own warehouse, you can automatically fulfill orders based on preset logic such as product quantity on hand, available staffing, and sell-through by location.
  • Category Management

  • Stratus Retail makes it easy to manage the departments and categories of your merchandise. Having the right taxonomy for your products allows you to view category performance and trends in real-time, down to the item level, offering invaluable and actionable data.
  • Automated Reordering

  • Make your purchasing process more efficient. Generate and send POs automatically to your suppliers based on predefined min/max stock levels to replenish your inventory.
  • Forecast & Mange Products

  • Forecast and plan the necessary stock levels, and manage the product life cycle. Based on trends, season, top sellers, promotions and other valuable analytics, you can predict the demand for existing/new products, and determine optimal reorder points and inventory quantities.
  • Mobile Inventory

  • Manage inventory anywhere by utilizing Celerant’s mobile inventory applications to scan and look up inventory on-the-go, and perform cycle counts without manual entry.
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