PETstock, an Australian pet company, has implemented Blue Yonder’s SaaS-based category management solution in its stores, improving efficiency and proper space allocation.
The solution, part of Blue Yonder’s Luminate Commerce, will enable PETstock to optimize store layouts, increase space productivity and reduce stock-outs.
Specifically, with the Blue Yonder solution in place, implemented by Strikeforce, a Blue Yonder partner, PETstock can now create data-driven analytical store layouts to optimize category space allocations to meet demands. consumers.
The solution, which PETstock says was implemented in record time and on budget, will help increase efficiency by creating accurate store layouts that are easy to implement and integrated into micro planning. -spaces to create a seamless process.
The SaaS will also create planograms with capacities and facades optimized according to local demand and store space constraints.
Additionally, it will reduce inventory by adapting assortment spacings to eliminate slow-moving inventory and introduce new SKUs to drive sales.
Other key benefits include uncovering hidden demand patterns to help place the right products in the right stores; 3D visualizations to increase employee productivity; and integration with forecasting and replenishment systems to enable a shelf-connected supply chain.
“Blue Yonder understood our need for a solution that will allow us to have the right products in the right stores, as well as accommodate future growth,” says Paul Roberts, space planning manager at PETstock.
“They have a high level of expertise in the retail industry and have provided us with a best-in-class category management solution that allows us to meet customer demand.”
Notably, PETstock, which also operates in New Zealand, provides specialist pet products and services to retail stores and veterinary clinics.
For some time, the company has been looking for a better solution to allocate space in its stores, meet customer demand and ensure that in-demand items are always available.
According to Animal Medicines Australia’s Pets and the Pandemic report, 37% of pet owners said they had difficulty accessing things like pet food, treats and veterinary services. The report also notes a 69% increase in pet adoption in Australia during the COVID-19 pandemic.
“With the number of pet owners growing, PETstock needed to be able to manage their product offerings to ensure the right inventory is on the right shelves in the right stores. With our solution, they can now create and maintain store-specific planograms to increase efficiency and meet the changing needs of customers and their pets,” says Jessica Sun, senior account manager at Blue Yonder.