SUPPLY CHAIN OPTIMISATION PLANNING

JB Hi-Fi’s Story

The introduction of V Net across our entire suite of products contributed significantly to JB Hi-Fi hitting our very ambitious targets.

SOLUTIONS

PRODUCTS

AT A GLANCE

Results

The Challenge

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.

The Solution

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.

V Net platform utilized the MS Azure Intelligent Cloud to run AI / ML forecasting models providing best in class consumer demand replenishment orders and demand plans.
Executed inventory processes in an environment customised for the unpredictable and dynamic nature of the consumer electronics industry.
Implemented a software enabled CPFR process with key vendors, optimized replenishment and allocation plans and advanced consumer demand forecasts.
Set up a powerful analytics platform for JB Hi-Fi and their strategic trading partners.

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.”