Build assortments to develop an optimal product mix, look at a variety of factors including past sales, store display space, local trends, online behavior, predicted weather patterns, and more to determine which products would be the best fit for a given store location.
Octai optimization prevents stockouts by sending more inventory to stores where products are most needed and minimizes markdowns by making sure that products are on display where they can be sold at full price. AI models can even reroute inventory between stores to ensure that retailers can take advantage of local trends.
Reduce unnecessary shortages, increase sales and maximise inventory turns with optimal inventory replenishment decisions on a daily basis.
Access top and bottom performing locations and SKUs at any level of the business hierarchy, to find the biggest levers for improving your top and bottom line.
Increase sales while reducing your investment, by making your supply chain responsive to the changes in supply and demand.
The right product mix leads to more sales, higher margins, efficient operations, and a loyal customer base. Reducing inventory carrying costs is an effective way to improve productivity and generate free cash flow.