Stock and Inventory Rectification
Our data-driven stock and inventory solutions ensure retailers don’t run out of your best-selling items. We’ll help maximise sales and increase availability for your brand, by reducing out-of-stocks and improving visibility in-store.
What is Stock and Inventory Rectification?
Out-of-stocks and availability gaps in-store can be catastrophic for brands, causing lost sales and reducing brand loyalty. That’s because customers will go elsewhere if they can’t find the product they want, leading them straight into the hands of your competitors.
What’s the solution?
To ensure your brand doesn’t suffer from lost sales, you’ll need Stock and Inventory Rectification. This service will help reduce out-of-stocks, by optimising on-shelf availability, visibility and minimise inventory issues.
How Logobrand can help your brand maximise sales in store and rectify stock issues
Logobrand’s Stock and Inventory Rectification service involves using retailer EPOS data to identify issues in store with stock and inventory that might be causing lost sales. This is a sure-fire way to get to the root cause of lost sales and resolve them immediately.
Equipped with intelligent insights and information, our committed field teams will have everything they need to fix any problems in store.
Field representatives will be deployed to the stores that need our resource the most, working with store colleagues to ensure any required rectifications on the retailer’s system are actioned quickly and efficiently. Rectifications ensure that if stock falls below that level, the capacity, the system automatically allocates more stock to the store.
As a result, your brand will benefit from fewer out of stocks, increased sales and your consumers will remain happy, with all their favourite products stocked up in store.
Why our industry leading technology makes us different to any other field marketing agency
We’re proud of our technology at Logobrand. In fact, we recently won GOLD in the Field Data category at the FMBE awards, showcasing our commitment to provide data-driven insights and results. We offer real-time visibility, transparency and ultimate efficiency through every function of our business.
Our Availability Manager ™ enables us to identify issues, such as book stock errors, capacity issues, or out-of-stocks, which can all lead to lost sales if not rectified fast. Logobrand’s Availability Manager ™ system transposes complex retailer EPOS into a user-friendly format, which our field team can present to store colleagues. This data provides a compelling story to ensure retailer systems are updated.
At Logobrand, we are dedicated to your brand’s success and guarantee excellent ROI by resolving the root cause of lost sales boosting in store availability. You could join our group of clients, who have greatly benefited from our dedicated support. We recently investigated Veuve Clicquot Brut Yellow Label 75cl for Moët Hennessy. The product hadn’t sold for over a week. We realised there was a book stock error, the merchandiser liaised with stock control who corrected the error. In the days following the intervention, £280 of sales were recorded.
Interested in maximising your brand’s sales in-store? Get in touch with our friendly team today.
What is it? – definition of the service
We use retailer EPOS intelligently to identify where store systems may have errors and may not reflect actual stock in store
What’s involved?
Using daily retailer EPOS, Availability Manager can identify issues such as book stock errors (where system stock does not match physical stock in store), capacity issues (in Asda only, where system capacities are not set sufficiently high to support rate of sale), or out of stocks. We can equip our field team with the information so they can highlight to their store contacts to undertake any required rectification on the retailer’s system.
A capacity is set by the retailer – effectively this is the point where if stock falls below that level, the system automatically allocates more stock to the store
How does it help your client?
Reduces out of stocks, improves availability, increases sales
What are the outcomes?
Increased sales, improved availability
Details of what processes are followed…
Logobrand’s Availability Manager ™ system puts complex retailer EPOS into a user friendly format which the field team can present to store colleagues. This gives a compelling story to ensure retailer systems are updated
Case Study
We investigated Veuve Clicquot Brut Yellow Label 75cl for Moët Hennessy. The product hadn’t sold for over a week. We realised there was a book stock error, the merchandiser liaised with stock control who corrected the error. In the days following the intervention, £280 of sales were recorded.
