December 16, 2024

Inventory Count Slashes Inventory Write Offs by 44% at Scully & Scully

Inventory Count Slashes Inventory Write Offs by 44% at Scully & Scully

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Company Bio:

Scully & Scully was founded in 1934 and has since become a prestigious name in luxury home furnishings. Located on Park Avenue in Manhattan, the store has more than tripled in size over its 90-year history, enhancing its ability to showcase a curated selection of high-end products such as fine china, crystal, silver, and furniture.

Company size: 77

Industry: Retail

Headquarters: New York, USA

Involved Teams: IT

Key Outcomes:

  • Since implementation, Scully & Scully have successfully scanned 32,234 items
  • 44% reduction in inventory write-offs
  • $88,000 saved overall

Quick Description:

After migrating to NetSuite in August 2023, Scully & Scully faced data issues and inefficient inventory management. Tvarana's mobile camera scanner improved barcode tracking and inventory accuracy, enabling the company to scan over 32,000 items, significantly enhancing reconciliation and operational efficiency.

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