Turn Data into Results: Building a Modern Inventory Management Strategy

Today’s retailers must stay laser-focused on high-performing SKUs and lean, responsive inventory strategies—especially in the face of volatile demand, supply chain disruption and economic headwinds.
Outdated, manual inventory processes—and overreliance on historical data—can no longer keep up. To succeed, brands must work smarter and faster with agile tools that adapt as the market changes. AI-driven solutions automate routine tasks, freeing teams to focus on strategic, high-value decisions that drive growth.
Dive in below to find out why and be sure to get a copy of “How to Achieve Faster, Smarter and More Flexible Inventory Management Strategies”, which uncovers how allocators, demand planners and category managers turn data into quicker, smarter and more agile inventory management strategies.
Common roadblocks impacting key roles
Allocators must work closely with various stakeholders—sorting through enormous volumes of complex data. Managing the allocation process manually is arduous and complex for retailers with many SKUs, stores and channels, resulting in disconnected teams and huge margins for error.
Producing accurate forecasts for demand planners is challenging due to fluctuations in consumer behavior and competitor activity. It is difficult to keep up with market trends and economic conditions or predict and mitigate risks.
Category managers oversee all aspects of the category’s performance, including assortment planning, pricing, promotions and inventory management to maximize sell through and market share against other brands, but managing performance is hard without using real-time data.
While this is just a snapshot of the challenges retailers and brands must overcome, Centric Software® solutions include distinct advantages that enhance profitability and margins for retailers and brands while enabling streamlined retail operations.
Business benefits to getting inventory management right
AI-driven inventory optimization empowers retailers and brands optimize inventory levels across various channels and locations, reducing excess stock and minimizing stockouts and ensuring availability.
Centric Software customers have experienced:
- 6%–18% growth in sales
- 4%–15% improved gross margin
- 50% decrease in personnel costs
Inventory management also allows like-item functionality for new item forecasting and sets the optimal reorder point in a multi-level replenishment strategy at the appropriate level of the hierarchy, all while considering lead times.
Conclusion: Maximize sell through with Inventory Management
Inventory Management from Centric Software allows retailers and brands align inventory with consumer demands across all channels and locations to maximize sell through and margins.
With Centric Planning™ in place, Trespass is benefitting from AI-driven insights and smart data for better range planning, forecasting and inventory allocation, expecting to reclaim 20% of their weekly reporting time and empower faster assortment planning.
Learn about this case study and more in “Strategies to Achieve Faster, Smarter, More Flexible Inventory Management”, including details on the AI-driven platform that is transforming businesses with real results.