AllocateSmart is an intelligent merchandise allocation tool which avoids stockouts and reduces inventory simultaneously. It allows retailers to allocate the right items at the right stores at the right time. The allocation strategies or recommendations are driven by AI based smart algorithms that consider several key factors like inventory constraints, min-max, store layout etc to arrive at highly accurate allocation for each store. It also factors into account store / region level factors like performance and demographics. A strategic cockpit module also allows you to analyze the current allocation strategies and optimize them accordingly.
Reducing Allocation Time
Automation reduces product allocation time and helps shift focus to insights and decisions rather than data
Greater Sales Margin
Helps sell fast moving and seasonal items sooner and at higher margins