Case Study: Strandbags achieves faster replenishment and optimized store inventory with Mi9 Retail

Mi9 Retail Restocks Strandbags’ Stores With Fast-Moving Products, Reactively Replenishes Slower Items

Strandbags, one of Australia’s largest specialty retailers with more than 350 stores across Australia, New Zealand, the Middle East and South Africa, sells handbags, wallets, travel goods and fashion accessories (including the Equip chain). Planners lacked store-by-store buying-pattern data and relied on blanket min/max stocking, which produced excessive inventory, hid fast-selling items on crowded fixtures, and made timely replenishment for promotions and seasonal peaks difficult.

By implementing Mi9 Retail Demand Forecasting and Inventory Planning, Strandbags now prioritizes store/SKU demand to send stock where it’s most likely to sell, speed replenishment of fast-moving items, and reactively handle slow movers. The system provides hierarchy-based sales profiles, built-in lead-day planning and optimal display and safety-stock levels — reducing markdowns, preventing lost sales, improving promotions, and giving stores and planners greater confidence in inventory decisions.

Strandbags

Nathan Toussaint

Business Analyst