AT A GLANCE
improvement in vendor fulfillment rates
improvement in stock availability
improvement in aged inventory ratio’s
JB Hi-Fi were seeking a quick to implement yet custom built inventory management solution. The biggest challenges for JB Hi-Fi were integrating replenishment plans with demand forecasting, launching new products, and aligning rates of sale across multiple product categories.
JB Hi-Fi and V Net Solutions rapidly implemented a unique inventory management platform before the high-volume Christmas period and saw results within weeks.
We traded through the Christmas period with unprecedented operational efficiencies in managing our stock flow through this high-volume trading period. The introduction of V Net across our entire suite of products contributed significantly to JB Hi-Fi hitting our very ambitious in-stock position, stock turn and weeks cover targets. The financial outcome being a contribution by V Net in helping achieve our sales and working capital targets.”