Manage Inventory & Save Costs
With so much to consider, planners need to be organized. Our machine learning solution helps you identify leftover stock ahead of time, helping you improve inventory management, which reduces markdowns and saves costs.
Every level of the buying and planning process can become easier. Make more intelligent decisions and optimize merchandise assortment. Furthermore, track product performance to improve margins.
Whether it be for one store or many, finding the right product is paramount for creating satisfied customers. Using our solution can help you know with greater detail what items are selling well, what attributes are hitting, and which ones are just right for each store.
- Avoid unnecessary markdowns
- Improve inter-store inventory balancing
- Deeper insights into the customer’s wants
- Optimize pricing
Since speed is everything in e-commerce, we provide and process more accurate information faster. You can refer to a wider range of data points to improve your merchandising process. Our solution will definitely help with staying ahead of the game compared to your competitors.
- A deeper understanding of customer habits
- Better targeted campaigns
- Enhance product recommendations
- Enhance pricing models
Due to the range of working with multiple channels, some products may overlap between both on and offline stores. For this reason, using the insights gained from our solution can help you make smarter decisions on the quantity for specific items, in turn saving time and money.
- Personalized customer engagement
- Improve operational efficiency
- Personalize recommendations
- Accurately predict consumer behavior
How Merchandising Can Benefit From Predictive Analytics
- Save on time for overlapping items
- Increase customer retention
- Improve inventory management and planning
- Optimize category promotion