Prior to Retail Express, Nutrition Warehouse had issues where they were consistently $10,000 to $20,000 overstocked in their stores.
“Multiply that now by all our stores and we’d have serious cashflow issues” says Grant.
Now with Retail Express across all of their stores, Grant has real time visibility across all his stores from anywhere in the world – sales, gross profit and how much stock they’re carrying.
With 54 stores, Nutrition Warehouse use their buying power to make one order from a supplier and distribute to all their stores. So, rather than taking each store manager away from sales instore, their purchasing manager can take care of it all from one location.
With Retail Express the smart inventory control algorithms provide precise insights on what stock levels should be ordered for each product and then streamlined purchasing management tools.
“Not only does Retail Express save us time but it also helps with marketing the products through our database prior to the products arriving” said Grant.
Nutrition Warehouse collect individualised data on not only demographics like age and gendder but they also pin point exactly what products the person is buying and has an interest in – whether they prefer vitamins or body building. They then use this data to target different segments with the right messages and promotions.
“It’s so easy to add a new store and get that point of sale running within just minutes” said Grant.