Omnichannel Inventory Optimization Software

Omnichannel inventory management plans, optimizes and executes inventory decisions across every channel a retailer operates: physical stores, e-commerce, distribution centers and suppliers. Shoppers can then browse, purchase, collect and return across channels without disruption.

Solvoyo covers omnichannel retailing with four kinds of capability: descriptive, diagnostic, predictive and prescriptive. Descriptive and diagnostic features show customer preferences and how well the retailer can meet demand. Predictive and prescriptive features recommend optimal fulfillment strategies and optimize inventory dynamically as demand and supply change.

Dynamic allocation distributes inventory when the order is received. Pre-season allocation follows decisions made months in advance. Because Solvoyo allocates at receipt, it uses current store-level sales trends and learnings from similar items, so inventory goes where it will perform best. Allocations respect minimum presentation quantities and pre-pack configurations.

Solvoyo Store Replenishment automates dynamic inventory target setting and daily replenishment decisions with demand-driven models. Forecasts factor in promotions, special events and weather. Prescriptive analytics then recommend orders that respect packing requirements, store capacity and replenishment frequency. For grocery retailers, orders also account for shelf-life constraints (see grocery replenishment).

Store-to-store transfer optimization rebalances inventory across sales channels and locations to maximize sales of fashion and short-lifecycle products. Solvoyo’s AI/ML algorithm compares sales potential across stores and weighs operational constraints and shipping costs. It also tracks the acceptance rate, store execution rate and sales conversion of transfers.

Solvoyo sets target stock levels dynamically with prescriptive analytics. It recommends optimal timing and order quantities for components, raw materials or finished goods, and ERP integration triggers PO creation automatically. Each recommendation accounts for supplier lead times, packaging requirements and minimum order quantities. Safety stock and reorder policies are set in inventory planning.

Solvoyo’s E-Commerce Inventory Management solution forecasts online demand from online-specific drivers: site visits, click rates and competitor factors. Virtual safety stocks protect store inventory for walk-in customers, and the platform finds the most cost-effective way to fulfill online demand. For more on fulfillment across channels, read the whitepaper Optimize Your Omnichannel Fulfillment.

Solvoyo forecasts demand across channels with AI/ML models that take in internal and external data: promotions, special offers, competitor actions, weather, special days, site visits and click rates. Self-learning models adapt to new trends. Similarity-based learning supports new SKU introductions and store openings.

Yes. Solvoyo offers real-time integration with ERP and WMS systems including SAP, Oracle, Microsoft Dynamics, and others. This enables automated purchase order creation, work order generation, and no-touch execution across the network.

Solvoyo predicts return rates from product category, time of year and special events. Inventory recommendations adjust for expected returns according to your business rules on the resale of returned products.