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LifeWay Christian Stores Improves Inventory Turnover With Forecasting

1lifewayLifeWay Christian Stores, a provider of religious and Christian resources, has improved inventory turnover and increased margins after leveraging the RELEX Solutions forecasting, replenishment and allocation technology.

Previously, LifeWay managed its several million store/SKU combinations manually with spreadsheets. The retailer searched for an easy-to-use solution with “all the science built in,” according to Bill Crayton, VP of Merchandising for LifeWay in a statement.

Following the implementation, LifeWay was better able to manage store-level inventory and assortments, which allowed the company to:

  • Improve inventory turnover;
  • Lower clearance inventory;
  • Manage markdowns more effectively; and
  • Increase margin.

“Our entire merchandising team sees RELEX as a useful tool for managing assortments and gaining quick access to information,” said Crayton. “We now have a platform for central office and store associates to work together to improve store-level assortment breadth, depth and performance.”

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