Automate your inventory management with Solvoyo’s advanced analytics and AI/ML technology. Solvoyo E-commerce Inventory Management solution offers automated diagnostics, predictive analytics, and prescriptive actions to ensure smart purchasing decisions. Our cloud-based, easy-to-deploy, and scalable platform improves planner efficiency and inventory availability so you can focus on strategic decisions and grow your business.
Rapid growth is commonly associated with e-commerce. However, fast and commercially viable growth requires a scalable platform and the mastery of the supply chain. Solvoyo Inventory Management platform integrates Forecasting, Inventory Optimization, and Purchase Order Creation processes using demand-driven AI/ML-powered models. The model works with internal and external replenishment parameters and recommends optimal PO quantities that are ready to execute.
Solvoyo Cognitive Learning platform considers several different demand drivers such as WEB Analytics, marketplace signals, competitors’ pricing, special events, promotions and operational constraints, and business rules. Portfolio Analysis capability helps to decide which items should be kept in stock or be delisted. Real-time data integration with ERP allows automatic PO creation and triggers an internal financial approval workflow. The platform also offers a Vendor Collaboration solution for automating Purchase Order sharing and status monitoring.
Easily identify SKUs that need immediate action with all relevant information on the same screen
Through AI/ML capabilities, demand forecast is automatically adjusted to changing lead times, and safety stocks are dynamically adjusted
Automated PO recommendations maximizing availability and preventing excess stock
Easily identify SKUs that need immediate action with all relevant information on the same screen1 of 3
Through AI/ML capabilities, demand forecast is automatically adjusted to changing lead times, and safety stocks are dynamically adjusted2 of 3
Automated PO recommendations maximizing availability and preventing excess stock3 of 3
Estimate the effect of your demand drivers to separate the proverbial wheat from the chaff
Accurately forecasting future demand at a very granular level – per SKU, per day, per location
Planners review and approve SKU/Store recommendations as needed
Exception management configured based on rules defined by each business, allows them to focus on the items that need attention
Monitor the financial and commercial KPIs
Smart Forecasts working with internal and external demand drivers such as special days, competitor factors, site visits, and click rates
Adaptive models adjusting to new trends, promotion effects, and marketing activities
Learning from similar items for managing new SKU introductions
Demand-driven inventory optimization of competing goals, balancing inventory cost and risk of lost sales
Purchase order automation working with vendor lead times, packaging, and minimum order quantities
Real-time integration with ERP for automated PO creation with vendor constraints
Highly scalable to support business growth
Automated diagnostics and prescriptive analytics to manage millions of SKUs in the portfolio
improving planner efficiency