Knifestock - Intelligent Inventory Management for Multi-Market E-Commerce

Knifestock - Intelligent Inventory Management for Multi-Market E-Commerce

Published on Dec 2, 2024 by Onetribe Team. Last modified on Dec 2, 2024 at 12:00 am

Challenge

Multi-channel e-commerce. Online, marketplace, B2B, physical stores. 8+ European markets with planned rapid expansion.

Knifestock needed to build solid analytical environment for controlled growth. Based on a reference from Stahlmann, they contacted us with a clear vision.

Key need: Intelligent inventory management - critical factor for multi-market expansion.

When you sell thousands of SKUs through 4 channels in 8 countries, inventory decisions become complex:

  • Too much inventory = tied capital
  • Too little inventory = lost sales
  • Optimal balance = competitive advantage

They needed an automated real-time solution.


Solution

Sales and Profitability Analytics

Direct connection of ERP Pohoda with e-shop platform RSHOP by RIESENIA and other systems.

Multi-channel view across online, marketplace, B2B and retail. Real-time profitability tracking at product, channel and country level.

Intelligent Inventory Management (our flagship solution for e-commerce)

Real-time analysis of every SKU:

  • Current inventory vs. sales trends
  • Dynamically calculated optimal quantities
  • Automatic identification of SKUs to order
  • Detection of slow-moving positions tying up capital

Result: Management sees at any moment not only what’s selling, but also how efficiently capital is allocated in inventory.


Real Impact

The system identified a product category with significantly excessive inventory in several countries - capital tied for 4-6 months of sales.

Action: Coordinated discount strategy for selected SKUs across markets.

Result:

  • Resources released from inefficient inventory
  • Capital reallocated to fast-rotating SKUs
  • Support for expansion to new markets
  • Cash flow impact: Significantly positive

Infrastructure scales with expansion - adding a new market doesn’t require system change, just configuration of new market view.


Transformation

Automated inventory management | Capital optimization tied in inventory | Multi-market expansion support | Real-time purchasing decisions

Before implementation:

  • Quality ERP system, but only basic sales overview
  • Manual inventory replenishment decisions based on intuition and historical patterns
  • Unclear overview of capital in inventory
  • Multi-market planning challenging

After implementation:

  • Automated evaluation of every SKU in real-time
  • Dynamic calculations of optimal inventory levels
  • Active recommendations for purchasing decisions
  • Real-time overview across 8+ markets and all channels

Management transitioned from reactive to proactive inventory management.


E-commerce with Multi-Market Ambition?

If you’re expanding across markets and channels and need intelligent inventory management, we’d be happy to show you our inventory management system in action.

What you get:

  • 30-min demo with your data
  • Free inventory audit - we’ll show you how much capital you have tied in inefficient inventory
  • Specific recommendations for your situation

Contact: support@onetribe.sk | onetribe.sk

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