Inventory Optimization
Motivation
MILK-AGRO from Prešov, Slovakia, is a manufacturer and seller of a wide portfolio of dairy products. It is engaged in wholesale and retail activities, including franchising, and has almost 200 stores. They are located in towns and villages all over Slovakia. MILK-AGRO’s priority is to ensure that its customers always have fresh goods in sufficient quantity and quality. It is precisely because of the desire to increase the availability of products and goods that MILK-AGRO chose the VERITICO STOCK software solution, which, after implementation by our Slovak partner A3Soft, enabled the optimization of inventory management at individual stores.
LOGICAL FRAMEWORK CREATION
VERITICO STOCK CUSTOMIZATION
RISK MANAGEMENT
CHANGE MANAGEMENT
Solution
Initially, we collaborated with A3Soft and MILK-AGRO to develop a logical framework that outlined the project’s objectives and goals, as well as the metrics for evaluating success. A3Soft then translated these defined steps into configurations within the VERITICO STOCK tool. After establishing a data bridge between the customer’s ERP and VERITICO STOCK, we fine-tuned the settings during the pilot phase to align with the client’s specific requirements. Once the tool was fully functional, we conducted user training and monitored the trend of selected KPIs in real time to ensure the system was operating correctly. The solution also included managing potential project risks, and change management strategies.
Conclusion
The implementation of VERITICO STOCK has enabled not only the automation of ordering—freeing up valuable employee time—but also enhanced the availability of goods, significantly boosting customer service levels in stores, which now exceed 98%. Additionally, VERITICO maintains stable inventory levels within predefined limits, improving inventory turnover. This optimization helps minimize losses due to expiration or revaluation and reduces the capital tied up in inventory.
98%
Goods availability thanks to automated orders
