Fashion Initial Allocation

Solvoyo’s proactive, automated initial allocation solution powered by machine learning will help you adjust your allocation strategy based on recent sales trends

Right place, right product

Initial allocation is the process of determining how much inventory to place in each sales channel/location for new products. This is a crucial step in the management of fashion and short lifecycle products. Misplaced stocks can lead to excessive markdowns, operational burdens to transfer, and lost sales. The main challenge is determining the right amount of product for each sales channel and location based on the expected sales.

An AI/ML-Driven Cognitive Technology

Solvoyo ML/AI-driven cognitive technology continuously monitors similar products’ in-season performance and recommends the best allocation strategy based on recent sales trends. Integrated with the Initial Allocation solution Shipment Strategy module allows retailers to manage initial allocation parameters, such as store clusters, shelf date, and product life.

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Solvoyo recommendations consider localized assortment plans approved by merchandisers, minimum presentation quantities, and pre-pack configurations. The solution can be integrated with the ERP/WMS for automated work-order creation so that allocation plans can be executed without manual intervention. This solution comes with configurable dashboard functionality where users can change the view of the report and its context.

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What can you achieve with
Solvoyo Initial Allocation Solution?

Treat each store/channel based on their recent sales trend
Get closer to customers through AI/ML predictive models
Reduce markdowns and need for store transfers

Exception management based on your business rules increasing planner efficiency
End-to-end integration with pre-season planning and in-season execution
Easily integrated with ERP/WMS for automated execution

Demand-driven optimization allocating inventory to location based on their sales potential
Working with store capacity and warehouse shipment capacity constraints

Improve First Price Sell-Through

Improve Availability

Read More

Penti – Apparel Retailer

In-season Inventory Management
With smarter replenishment decisions, Penti balanced inventory across the chain enabled 25% revenue growth with only 2% increase in stock

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Detect and react to the operational realities, such as late and inadequate order delivery

Detect and react to the operational realities, such as late and inadequate order delivery

Track the in-season performance of similar products and recommends the best allocation strategy

Detect Adapt Optimize

Determine the optimal allocation quantity based on its sales potential taking to maximize sell-through

Track the in-season performance of similar products and recommends the best allocation strategy

Determine the optimal allocation quantity based on its sales potential taking to maximize sell-through

Solvoyo Fashion Initial Allocation UI

Shipment strategy

Integration with Assortment Planning and MFP provides quick access and visibility to pre-season plans

Recommendation review & approval

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

Summary reports & dashboard

Configurable reports to fit into your allocation management process
‍Easy access for executive review
‍Visibility to how recommendations are being followed

AI/ML Prediction

Predictive Analytics with AI/ML generating SKU/Store forecasts

Prescriptive Analytics giving actionable recommendations

Automating the allocation process and bringing the “manage-by-exception” concept into practice

Integrated Planning

Agile to predict, absorb and react to the imperfections of daily business

Integrated with Assortment Planning, Clustering, Initial Allocation, and Replenishment modules

Seamless integration with existing ERP/WMS for fully-automated execution

Configurable & User Friendly UI

Configurable operational reports and Executive Dashboard reports with graphics, pivot tables and drill downs

Integration with ERP/WMS systems for no-touch execution

User Acceptance tracking of system recommendations