This App, developed by Goods-on-Tap BV, gives retailers the necessary information to improve shelf-productivity and affect Goods-on-Tap into their stores, online and offline.
With Goods-on-Tap, you can make changes to your merchandise assortment by activating or deactivating styles1 and by changing suggested next orders to improve availability of your bestsellers.
The Dashboard shows important measurements such as availability percentages, rates of sale and sell-through percentages. The Stocklist shows product performance, filtered and sorted on any key performance indicator. Shortages and redundant stocks (understocks and overstocks), as well as suggested next orders are made visible via the App.
The Goods-on-Tap App requires that at least one supplier of the retailer has a license to Retailisation’s Distribution Management Services (DMS). For more information, please contact Goods-on-Tap at email@example.com
The biggest margin killers of any retail shelf are shortages and redundancy. Push-dominated supply chains generate waste, known as discounts and lost sales. When the last mile to the retail shelf can respond well to real demand, the potential for improvement in shelf productivity is very significant.
At Retailisation, It is our mission to capture that potential and improve the retailer’s Return on Inventory (ROI). This App, delivered by Goods-on-Tap, will help you do that.
- Jasper Zeelenberg, founder Retailisation and Goods-on-Tap.
Fact 1: Retail space for brands is typically fragmented into many of points of sale, while demand is unpredictable. Because of this, brands and their distributors are continuously challenged to get the right product to the right place in time to meet consumer demand. Increased retail fragmentation via web-shops, multi-brand stores, shop-in-shops and franchise formulae makes it even harder to accurately forecast retail sales of each item in each retail location.
Fact 2: When the shelf-life of a product is longer than its lead-time from a distribution point to the store, there are many opportunities to optimize inventory levels in the last mile of the supply chain to retail.
Fact 3: Retail assortments consist of fast movers, which together contribute 80% to the sales, slow movers (20%) and items that do not sell at all (non movers). When fast movers typically make up less than 20% of any store assortment, wrong distribution decisions can be very expensive, generating lost sales and markdowns.
Retailisation Distribution Management Software (DMS) reduces the dependency on a forecast by quickly recognizing the fast movers and dynamically adjusting their inventory buffers everywhere. The software detects the risk of stock-outs overstocks and responds by continuously adjusting the product flow to shelves in order to synchronise supply with real retail demand everywhere, all the time. This significantly reduces unnecessary stock-outs and increases your sales, margins and turns.
Goods-on-Tap now places the power of DMS in the hands of the retailer.