Inventory management solution

Strategic decision making

Precise ML-based forecasting allows you to make informed decisions regarding assortment expansion, opening of new stores, planning annual budgets, and KPIs.

Determine the level of influence for each demand factor

The system takes into account only statistically significant factors, omitting negligible factors that reduce the accuracy of the forecast.

Forecasting based on business specifics

Depending on the specific requirements, the system builds a forecast using one of 3 forecasting models.

Assortment management tailored to customer preferences

Your customers will know that they will always find the right product at an affordable price. And you will be sure that they will come back to you.

Calculation of the required quantity of goods

Taking into account the demand for each SKU at each point of sale and analyzing the available balance and goods in transit.

Formation and dispatch of orders

Every day, after calculating the demand, orders are automatically generated based on the assortment matrices and schedules. Then the orders are automatically sent to the user's system and suppliers.

Automatic editing and control of order fulfillment

Allows the supplier to edit the quantity of goods after receiving the order, automatically updating the information in the sent orders and track the delivery time of the order, sending a notification to the manager in case of delay and recording information about the delay in the analytical report.

All key factors are taken into account:

Demand forecast, order fulfillment time, packaging and supplier restrictions, demand volatility, available stocks.

Remaining shelf life and weekday-related demand variations are accounted for

A simplified analogue of LIFO batch accounting

Required availability level:

Set an acceptable level of availability for each item to avoid write-offs.

Ensure inventory balances

Transparent, unified inventory management process at all levels of the supply chain due to the close connection between supply and demand of goods.

The system takes into account various business supply processes:

Classic warehouse storage, cross-docking, pick by line, pick to zero.

Flexible settings

The flexibility of the algorithm is such that you can include all the necessary factors and features of delivery.

Automatic calculation and application of seasonality coefficients

The software factors in demand fluctuations for a regular assortment, seasonal goods, and those that are available only for a limited time, too.

A set of different scenarios

Different scenarios are applied depending on the market situation.

Quick analysis due to high-quality visualization

Sales forecasting and preparation for promotional activities

The forecast is generated with the help of ML models that consider various factors affecting the demand for promotional products.

Flexible response to actual demand during the promo period

The system analyzes sales and demand, recalculating the required inventory level for each store, which allows you to strike the balance between high product availability and minimal overstocks across all outlets.

Promo performance analysis

Quickly assess the promotion’s effectiveness by evaluating the plan/fact numbers, balances, turnover, product availability level, and sales lost during the campaign.

A flexible BI tool based on the Qlik Sense platform

40+ reports to analyze the efficiency of inventory management

These include ABC(D) + XYZ assortment analytics, inventory availability and turnover, reasons for lost sales, supplier service level, effectiveness of promotional activities, analysis of overstocks, and many other reports.

Demand forecasting for new products

The system automatically forecasts demand and generates the first order based on historical sales data for analogs, substitutes, or groups of products with similar characteristics.

Withdrawal of an item from the assortment

The status of goods at different levels of the supply chain automatically changes based on the balances.