We provide retailers with granular levels of sales forecasts, which allow automated store replenishment, boost on-shelf availability up to 97% without increasing waste or stocks, and give profitability growth for every store that is in line with strategic goals.
The Predictive System is based on MySales Labs Solution.
Business Benefits of Predictive System
We offer flexible, customized and personalized subscription models that are available both for large and small retail business and correspond to your business needs.
- Forecast influencing factors are highly customized due to client’s business need
- Forecast can be decomposed into details to accurately understand the impact of all influencing factors
- Explains why sales change, grow or decline
- Lifetime product updates available for our customers upon their choice
- Flexible, customized and personalized subscription models for clients, which are corresponding their business needs
- Easy integration with client’s existing IT infrastructure
- Allows clients to schedule and automate their operations
- Allows our clients to build advanced analytics using existing BI tools
- Doesn’t require any special statistical knowledge to operate
- Modeling promotional activities taking into account various mechanics and communications
Demand ForecastingPredictive System allows you to not only benefit from the accurate forecast but interpret the results and model customers’ demand, as well as leverage your analytical expertise to boost your business ROI, respond to current conditions and trends, meet financial plans and targets while keeping assortments relevant.
Automatic Stock ReplenishmentOur Replenishment Module is based on precise and granular levels of sales forecasting. It generates auto-order based on sales history, forecasts and stock balance, taking into account influencing factors calculated especially for your business and automatically adjusted on a weekly basis. This enables weighted optimization of the inventories by SKU, group or/and store level, with the help of big data processing algorithms and machine learning.
Promotion PlanningFull-Cycle Promotions Planning tool allows you to create, view, edit, approve, plan outcome, simulate and compare promo scenarios, to support all your promotional activities. For the same promo, there is possibility to have several scenarios and mechanics. System automatically calculates the performance indicators under various promo conditions (discounts, mechanics, timing, etc.) and offers you a promo sales forecast and comparative analysis of the effectiveness of each option. A deep detailed forecast is provided to select the optimal scenario in accordance with business needs.
Predictive System Implementation
- The engine is seamlessly integrated into retailers’ existing infrastructure either on premise or in the cloud. Import/export to ERP, RMS, BI, WMS, Excel.
- Any known supply chain system can be easily connected to the forecasting engine.
- The system allows you to build advanced analytics based on your data and using your BI tools.