The fashion world is no stranger to change, but the latest wave of U.S. tariff policies has introduced a new level of urgency. With substantial new costs hitting imports—especially those coming from China—fashion retailers are being pushed to rethink not just their sourcing strategies, but their entire supply chain approach. It’s a tough pill to …
Continue reading “US Tariffs: How Fashion Retailers Can Stay Ahead with AI and Optimization”
Forecasting demand is a critical process that enables businesses to predict future customer needs for products or services. By leveraging historical data, market trends, and predictive analytics, companies can optimize inventory, streamline supply chain operations, and improve customer satisfaction. In today’s dynamic business environment, demand planning serves as a cornerstone for maintaining a competitive edge. …
At Solvoyo, we are delighted to share that G2, the world’s largest tech marketplace, has once again recognized us with multiple prestigious awards this season. These accolades reflect our commitment to delivering exceptional value, fostering strong relationships, and driving innovation in supply chain planning and automation. This season, Solvoyo has been honored with the Best …
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As we approach 2025, supply chain leaders face unprecedented challenges. The global supply chain ecosystem is experiencing a shift. Economic protectionism continues to rise, with new tariffs and trade barriers reshaping international commerce. The ongoing U.S.-China trade tensions have already forced many companies to fundamentally reorganize their supply chains, with manufacturing operations relocating to countries …
Continue reading “Strategic Network Design & Scenario Planning: Essential Tools in 2025”
Inventory inaccuracy costs retailers billions of dollars globally every year. That’s a staggering number and a massive blow to profitability. One of the biggest culprits behind these losses? Phantom inventory. This silent disruptor makes items appear in stock when they’re not, resulting in frustrated customers and missed sales. It’s like offering a product on a …
Solvoyo has been recognized in Forbes for its advancements in autonomous supply chain planning. In the article, Chief Innovation Officer Omer Bakkalbasi emphasized Solvoyo’s leadership in the field: “We feel we are ahead of our times. Our clients have realized that dream and are benefiting from it.” The feature highlights Solvoyo’s ability to achieve high …
Continue reading “Solvoyo Was Featured in Forbes for Decision Automation Capabilities”
Maintaining optimal stock levels is a complex challenge in the ever-evolving grocery retail landscape, especially concerning perishable goods. Grocery retailers must strike a delicate balance between meeting customer demand and avoiding excess inventory, all while managing the unique challenges of fresh produce, dairy, and meat products.
Studenac Market, the leading retailer in Croatia, will present its decision automation journey along with Solvoyo at Automation Summit 2024, taking place from April 25 to 26 at the Le Meridien Lav Hotel in Split. This event will bring together around 200 leading CEOs, industry experts, and global visionaries. Along with Nilufer Durak, Solvoyo COO, …
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From segmenting customers to planning replenishment strategy for store groups, cluster analysis in the retail industry provides many benefits.
From marketers using it for running targeted campaigns based on customer segments, investors building diversified financial portfolios, and supply chain managers planning their replenishment, cluster analysis is a powerful tool for all businesses.
We have been recognized in Forbes for achieving 95% stock availability while improving inventory turns by 35%.
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