Odara is one of the biggest beauty and personal care companies. One of the key challenges they faced was managing cash effectively to maintain a high ROI for its store inventories. Stores experienced shortages of fast-moving SKUs, resulting in lost sales, and at the same time, Odara’s management felt that stores were carrying a high level of slow-moving inventory. Onebeat’s Simulation Analysis revealed high levels of surplus inventory across many SKUs in stores which could be better used to generate sales in other stores. Therefore, to maximize cash availability, Odara decided to begin using Onebeat’s Adaptive Inventory Management in its stores.
Within just a few months after starting, Odara experienced considerable operational and financial improvement. Information across the supply chain became available on demand and operations became simpler and easier to control.