Mathis Home optimizing inventory planning
One of America’s largest independent furniture retailers will manage supply chain challenges at scale using automation, optimization and data analysis technologies.
Matihis Home, formerly known as Mathis Brothers Furniture, operates 43 locations throughout the U.S. and offers more than 230,000 items online, including home furniture, mattresses, rugs, outdoor furniture, and home décor products.
In addition, the company operates a digital third-party sales platform for partner sellers and brands.
[READ MORE: Mathis Home launches third-party online marketplace]
The retailer faces industry-specific supply chain issues, including slow-moving inventory and capacity constraints, that are difficult to manage with manual processes. Mathis Home is implementing Blue Yonder technology to automate and optimize planning processes and improve its forecasting capabilities.
"For more than 60 years, Mathis Home has been committed to offering our customers the largest selection of quality products at the lowest prices," said Rit Mathis, CEO, Mathis Home. "As we continue to grow, Blue Yonder’s solution will enable us to maintain the right product assortment and deliver exceptional customer service throughout our entire network, strengthening our longstanding commitment to our customers and positioning Mathis Home for long-term business success."
Leveraging Blue Yonder demand and replenishment capabilities, Mathis Home seeks to quickly and accurately respond to demand fluctuations, ensuring the right products are available at the right place and time.
This will enable the company to improve customer service levels and efficiency while reducing inventory, waste and costs across its entire network.
In addition, Mathis Home intends to streamline processes and improve automation, enabling planners to focus on higher-value activities while increasing productivity and efficiency.
Utilizing data and collaborative planning, the retailer hopes to improve and accelerate decision-making and increase agility and resilience, while optimized inventory levels can help minimize stockouts and overstock while increasing customer satisfaction and profitability.
"Increasing speed and accuracy is critical for achieving higher cost savings and customer satisfaction, especially for furniture retailers, where varying lead times and low turnover rates can result in lost sales and excess inventory," said Vince Beacom, president, global retail, Blue Yonder. "With Blue Yonder’s demand and replenishment capabilities, Mathis Home will be able to transform its inventory planning and management to gain a competitive advantage and increase supply chain resilience."
The project will be implemented by Blue Yonder Professional Services.
Today there are 43 Mathis-family brand locations in the U.S., including Mathis Home, Design Studio, Mathis Outlet, Mathis Sleep, LZB and Ashley stores. The company is headquartered in Oklahoma City, Okla.
