Forecast demand for every SKU, store, and region for better planning and decision-making

Tailor supply for demand to maximize product availability & reduce inventory holding costs

Ensure optimal product availability while reducing inventory holding costs.

Key Capabilities

  • 01

    Better predictions through internal & external data fusion

  • 05

    Risk-based SKU consumption forecast with confidence intervals

  • 02

    Optimal balance of stock across all enterprise locations

  • 06

    Dynamic safety stock optimization through demand variability

  • 03

    Revenue optimization with inventory stock-out simulation

  • 07

    Cost optimization through wastage simulation

  • 04

    Optimized shipping costs with lower inventory transactions

  • 08

    Efficient reorder & receipt points with lead time prediction

Impact

  • 400%

    Improvement to Sell-through Rate

  • 80%

    Reduction in Stock Wastage and Expiration Costs

Customer Benefits

  • 01

    Increased Product Availability

    Ensure that the right products are in stock when customers need them, reducing out-of-stock situations and improving customer satisfaction.

  • 02

    Lower Inventory Holding Costs

    Reduce excess stock and associated carrying costs, such as product wastage or expiration, which translates into cost savings for the enterprise.

  • 03

    Better Product Quality

    Maintain product freshness and quality, improving sell-through rate and ensuring customers receive high-quality products.

  • 04

    Significant Time Savings

    Reduce the time spent on manual inventory tasks, allowing managers to focus more on customer service and store operations.

Case Study

EDIX enables a major retail chain to reduce inventory holding costs by 80% across all stores

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