ReStore
The K3S Solution For Retail Replenishment
The K3S Solution For Retail Replenishment
ReStore is an advanced inventory procurement / purchasing System of Insight (SoI) that allows distributors and retailers to manage inventory of individual retail locations. ReStore generates forecasts for each store down to the product based on demand, seasonality, and individual trend history. While leveraging the power of an advanced algorithmic replenishment system, previously only available at the distributor level, customers can offer incredible value and efficiency to their own retail locations.
The core and advanced capabilities of ReStore exist to help users manage what is known as the Buying Process. The Buying Process is a method by which distributors and retail stores evaluate customer demand and thus purchase the appropriate inventory level.
The resources, time, and expertise required to excel at buying are not as intuitive as one might think. Every single business engages in the Buying Process whether they choose to apply advanced strategies — or not. The good news is that the science of forecasting, replenishment, and buying has advanced to a point where we can now take control of buying and optimizing inventory.
Most stores do not have the computer infrastructure or data acquisition abilities to manage inventory properly. One of the weaknesses of Point-Of-Sale is that it only tracks inventory sold. To properly forecast what a retail location needs to replenish, it will be important to realize the amount of inventory used in addition to what is sold.
Warehouse distributors have the infrastructure, data acquisition, and computer systems to properly replenish a store as it does this for this warehouse already.
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Replenish is an advanced inventory purchasing software for your warehouse offered in the cloud.
K3S University is a resource for accounts. We help users maximize the results of our robust software.
With the unique challenges that come with all industries, K3S Inventory Experts are here to help your business.
King III Solutions, Inc.
Suite 136 #142
1205 Johnson Ferry Road
Marietta, GA 30068
Phone number: (877) 725-1305
Email: [email protected]
