Under the terms of the agreement, Kimberly-Clark will use the TrueDemand Forecast and Replenishment Manager (FRM) Release 2.1 to improve sales by reducing retail shelf out-of-stocks (OOS) for its global consumer product brands, which include Kleenex, Huggies and Kotex.
TrueDemand’s FRM will use RFID data to provide Kimberly-Clark with greater insight, including perpetual inventory by retail store and selling floor, a daily forecast by product and store, and OOS root causes and lost sales by product and store and retail DC, with prioritized actions for replenishment analysts, retail partners and field operations teams.
As a result, Kimberly-Clark will be able to more accurately predict product availability, inventory, execution and out-of-stock problems at the aggregate level across all stores, as well as at the detailed product-store level, and take the appropriate preventive action.
We have successfully confirmed that RFID data can give us visibility to shelf level out-of-stocks and help us to understand the root cause of that out-of-stock. This enables us to identify the appropriate corrective action to take, commented Mark Jamison, Kimberly-Clark’s VP of customer supply chain. We expect to use TrueDemand to greatly enhance the tool set of our replenishment analysts.
