Octai for Retailers

Octai gives retailers a scalable way to personalize every touch. Build hyper-accurate and actively monitored customer propensity models that allows you better understand CLTV, cross-sell, upsell, and churn for each of your customers. With prediction explanations, retailers can get individual customer insights and proactively adjust touch points or advertisements to influence their behavior.

Optimize efficiency across your entire operations. With Octai you can break down prediction silos and ensure everyone is using the same forecasts and predictions from logistics and supply chain, to merchandising, marketing, financial planning, and elsewhere. Octai gives you the flexibility to easily deploy any model – even those built outside of Octai - to the business applications your stakeholders use everyday.

In today’s environment it’s no longer effective to put a model into production and ignore the changing retail landscape. Now, retailers can get real-time insights into changing customer behaviors and supply chain risks through active model monitoring. This allows for fast changes to product and inventory mix, pricing, and promotions across channels. Now you can easily stay ahead of changing consumer buying behaviors and optimize pricing based on current conditions.

Building forecasts at the individual item-store level has never been easier, nor more precise. Octai makes it easy to not just build hyper-granular forecasts, but maintain them in production. With Octai’s time series, dynamic time warping helps you handle irregular series or seasonal forecasts with ease, while dynamic time warping helps you discover patterns you wouldn’t intuitively predict. Effortlessly handle all types of SKU-level demand patterns from seasonal, intermittent and irregular series to cold start/net new SKU forecasting. Point solutions can’t do this, and the reality is neither can many data science teams.