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Solutions

Initial Allocation

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

Request a Demo
1123

Solutions

Initial Allocation

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

Request a Demo
1123
AI/ML Predictive Models Estimating Lifecycle Sales

AI/ML Predictive Models Estimating Lifecycle Sales

• Predictive Analytics with AI/ML for SKU/Store forecasts using seasonality and key product & store attributes

Prescriptive Analytics with optimal recommendations

Automated Diagnostics

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

 Configurable alerts and business rules drawing attention to the items needing special attention
Configurable Reporting UI

Configurable Reporting UI

Configurable reports with graphics, pivot tables, drill downs

• Executive dashboards for
summary views

• Performance tracking for monitoring user acceptance rates of system recommendations

Intelligent Initial Allocation Planning with Solvoyo Platform

The crucial step in season execution of fashion and other short-lifecycle products is to allocate the right amount of product to stores at the beginning of the life-cycle. Misplaced stocks can lead to excessive markdowns, operational burdens to transfer, and lost sales. Solvoyo ML/AI driven cognitive technology continuously monitors the in-season performance of similar products with respect to its pre-season forecasts and updates and recommends the best allocation strategy based on recent sales trends. Solvoyo recommendations take into account localized assortment plans approved by merchandisers, minimum presentation quantities, and pre-pack configurations, so they can be executed without the need for manual intervention. 

Solvoyo Initial Allocation UI

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.

Master Data Management

Configurable Master Data Management screens enable the users to adjust input parameters driving the allocation and replenishment recommendations such which products are eligible, as which stores or store clusters should be considered and whether allocation will be done by pre-packs or singles.

Summary Reports & Dashboard

  • Configurable reports to support the allocation management process for different user groups
  • Summary views for executives to have overall regional/divisional tracking and visibility
  • Tracking for how recommendations are being followed
Summary Reports & Dashboard
Ready to see our initial allocation platform in action?

What can you achieve with Solvoyo Initial Allocation Platform?

Start with smart stock levels at stores and improve lifecycle profit

Start with smart stock levels at stores and improve lifecycle profit

  • 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 
Automated management

Automated management

  • Exception management based on your rules, allowing increased efficiency 
  • The end-to-end single platform between preseason planning and in-season execution
  • It is integrated with WMS for automatic execution
Right Product, Right Store, Right Time

Right Product, Right Store, Right Time

  • Demand-driven inventory optimization of competing  goals – inventory cost and lost sales
  • Optimally allocates stock to locations most likely to sell it
  • Smart store capacity utilization taking into account physical store constraints
Solvoyo Retail Planning Platform

Merchandise Financial Planning: An integrated and flexible way of doing top-down planning, category management and open to buy planning.

Line Planning: Solvoyo Line Planning, a cloud-based and with a user-friendly and configurable UI brings automation to product and line analysis and standardizes the planning process.

Product Lifecycle Management: Solvoyo’s cloud-based and fully configurable PLM solution helps digitize manual processes and workflows. It can be easily configured to meet the unique needs of the organizations.

In & Out Product Management: Solvoyo’s integrated, automated, and collaborative solution powered by machine learning will help you ensure optimal stock availability and improve the profitability of promotional items with limited-time offerings.

Assortment Planning: With today’s fast-changing market dynamics and diverse customer needs, a customer-centric retail strategy must include localizing assortments to address different needs.

Size & Pre-pack Optimization: Solvoyo Size and Prepack Optimization solution help fashion retailers determine the best size breakdown and prepack combinations that meet store-level size selling needs.

Retail Analytics: Retail Analytics solution combines data from multiple internal and external sources, drive insights from big data through visualization and diagnostic capabilities and help support decision-making faster and easier.

Vendor Collaboration: For a simplified and automated vendor management, Solvoyo’s Vendor Collaboration offers supplier scorecard and demand collaboration tools both for your organization and your vendors.

Test, Read & React: Test, Read and React process whereby a retailer tests a product offering on a limited store basis before making the decision whether or not to carry the product in a greater market is being utilized more and more by retailers.

Omni-Channel Planning: With Solvoyo, omni-channel retailers optimize their network operating parameters and inventory deployment strategy to fulfill orders from the most profitable source.

Replenishment Planning: Optimally replenish your stores and distribution centers (DCs) in a demand driven mode, balancing inventory holding, service level, production and transportation costs.

Store to Store Transfer: Solvoyo’s integrated, and collaborative S2S Transfer solution powered by machine learning will bring automation and advanced analytics to inventory balancing across the omnichannel network.

Purchasing / PO Management: Whether it is managing daily procurement operations in an efficient way or replenishing DCs or stores to optimize the right inventory mix, Solvoyo Purchase Order Management allows organizations to automate purchase order creation process and handle exceptions.

Initial Allocation Planning: Solvoyo’s proactive, automated initial allocation solution powered by machine learning will help you adjust your allocation strategy based on your sales trends.

Store Replenishment: Solvoyo’s demand-driven, automated store/channel replenishment solution powered by machine learning will help you ensure optimal stock availability, improve sales and profitability.

E-Commerce Inventory Management: 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.

Markdown Optimization: Automate your markdown pricing and timing decisions with Solvoyo’s advanced Markdown Optimization and Planning solution. We make your pricing process easy to manage and flexible to accommodate different business goals.

Promotion Planning: Improve the effectiveness of Retail promotions, through deeper analysis of customer response to your offers and find the best way to entice your customers while maintaining healthy margins.

Dynamic Pricing: Solvoyo’s proactive, automated price recommendation solution powered by machine learning will help you adjust your pricing strategy based on your business objectives.

Workforce Planning: Continuously monitor store operations processes in strategic, tactical and operational levels. Optimally manage your workforce and meet your business goals.

Store Clustering: An integral part of the Retail Analytics and has a number of uses in Retail planning and execution including Assortment Planning, Pricing and Promotions Planning and Markdown Management.

CONCURRENT OPTIMIZATION

All the solutions you need. Under one platform.

Our platform concurrently plans and optimizes orders, inventory, and transportation in a holistic approach that is far more effective than attempting to optimize each discretely. Solvoyo provides its solutions in one model across strategic, tactical, and operational time horizons.

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