VIADA Baltija chooses LEAFIO AI to streamline the supply chain processes of its gas station stores in Latvia
— Alex Medwin, CEO of LEAFIO Inc.
LEWES, DELAWARE, USA, November 1, 2023 /EINPresswire.com/ — VIADA Baltija, one of the main gas station operators in the Baltic States, chooses LEAFIO AI Retail Options to implement an progressive platform for optimizing stock administration and merchandising processes in the petrol station chain in Latvia.
The LEAFIO AI Retail Platform helps retailers enhance operational effectivity and profitability utilizing superior planning, optimization, and analytics instruments for improved demand forecasting, replenishment automation, higher assortment efficiency, efficient promotions and planograms.
Managing a chain of 101 petrol stations in Latvia, the VIADA Baltija management staff determined to automate and unify replenishment and planogram administration processes in their comfort stores, which might additional allow environment friendly enterprise development.
With such a large chain, decentralized stock administration, the place gas station managers create particular person orders for his or her areas, can lead to planning errors, overstock, write-offs, or misplaced gross sales. There was additionally a vital query of standardizing the method to merchandising, analyzing the effectiveness of planograms, and introducing unified strategies to monitor their compliance.
As the enterprise developed, VIADA’s managers wanted extra in-depth KPIs evaluation to make knowledgeable operational and strategic selections: stock ranges, misplaced gross sales, product availability, and gross sales. It was additionally vital to discover a instrument that may remove guide calculations and every day immersion into a number of experiences.
“We’re thrilled to embark on a partnership with LEAFIO AI Retail Options,” stated Arunas Satkus, CEO of VIADA Baltija. “As an organization that strives for enchancment and improvement, we consistently search progressive options to optimize our operations. LEAFIO’s wealth of expertise with different gas station chains and superior know-how align completely with our targets, and we’re assured that this partnership will lead to vital efficiency enhancements in our retail stores.”
The LEAFIO AI RETAIL PLATFORM is a cloud answer primarily based on superior synthetic intelligence algorithms, that includes a user-friendly interface and a excessive diploma of customization and automation of retail processes. By implementing the LEAFIO platform, VIADA’s staff will obtain the following outcomes:
– Streamline inventory replenishment by absolutely automating the course of, contemplating seasonal differences and promotional campaigns;
– Mitigate the danger of extra stock and write-offs via the implementation of an “empty warehouse” mode, thereby enhancing availability and repair ranges;
– Entry over 40 custom-made analytical experiences that present a complete overview of stock standing, enabling higher visibility over the chain;
– Automate the creation of planograms, together with standardized ones tailor-made to particular codecs;
– Monitor the effectiveness of product shows in real-time and simply rotate the product assortment all through the complete chain with minimal effort;
– Facilitate planogram modifications and guarantee execution via a devoted cellular software for gas station staff.
“We’re excited to accomplice with VIADA Baltija and assist them on their journey to rework their retail enterprise technologically,” stated Alex Medwin, CEO of LEAFIO Inc. “Our platform is designed to assist retailers optimize prices by establishing ‘wholesome’ standardized supply chain processes and unlock funds to develop their companies and supply higher customer support. We glance ahead to working intently with VIADA to obtain these targets.”
ABOUT VIADA BALTIJA:
VIADA Baltija is one of the main suppliers of petroleum merchandise in Latvia, overseeing an in depth community of gas stations beneath the VIADA model. Famend for its dedication to distinctive service and top-notch merchandise, VIADA has established itself as a trusted title amongst customers and is a big business participant. At present, the operator manages a community of 101 gas retail stations all through Latvia, providing broad regional protection.
ABOUT LEAFIO:
LEAFIO AI Retail Options presents sturdy and adaptable automation options to retailers, distributors, and CPG producers. With a wide-reaching buyer base of greater than 170 retail corporations spanning greater than 20 international locations worldwide, LEAFIO equips them to keep a aggressive edge, improve their means to face up to disruptions, and obtain elevated income with improved revenue margins. LEAFIO specializes in creating AI-powered software program tailor-made to streamline retail operations, encompassing supply chain administration, stock optimization, merchandising, assortment efficiency, and gross sales promotion forecasting and execution.
Megan Ballard
LEAFIO AI Retail Options
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