Terra Stock assortment management system

What are the benefits?

Terra Stock is a browser-based assortment management system whose main goal is to help manage the product assortment and maximize profit. The system makes it possible to manage effectively according to different sales strategies.

One of the biggest benefits of Terra Stock is the ability to choose and maintain optimal stock levels for products with both stable and episodic, complex demand. This lets companies reduce losses and maximize sales potential, because the system forecasts the profit from selling stock and identifies the sources of loss, so the assortment on sale is managed more efficiently.

Terra Stock also lets companies efficiently build up stock of new products and an uninterrupted stock level for products being introduced. The tool lets organizations balance the existing assortment with new product introductions, ensuring the optimal quantity of goods and maintaining profitability.

What are the advantages?

The Terra Stock assortment management system offers businesses many advantages. One of the most important is the ability to build and manage the product assortment according to the chosen sales strategy. This lets a business respond effectively to market influences and customer preferences, optimizing both the existing assortment and the introduction of new products.

The system also helps model changes in profit efficiency, making it possible to evaluate the sales measures the company uses and forecast the profit from sales. It also helps maintain and manage the store's assortment layout, ensuring the optimal amount of stock held in storage.

In this way, Terra Stock provides a useful tool for optimizing business processes, giving a more efficient product assortment and maximized profit.

Terra Stock solves the main tasks:

• Helps build and manage products according to the chosen sales strategy;
• Chooses and maintains optimal stock levels of products for sale with stable or episodic, complex demand;
• Forecasts the profit from selling stock and identifies the sources of profit loss;
• Helps build an optimal, uninterrupted stock level for products newly introduced into the assortment;
• Helps build an optimal, economically sound amount of stock bought at promotional purchase prices for the post-promotion period;
• Helps model the change in profit efficiency and the forecast sales profit after applying the company's sales measures (promotions, pricing, product presentation at points of sale, in-store or external advertising, etc.) according to the set strategy, and maximizes trading profit.
• Helps maintain and manage the store's assortment layout.