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Solutions

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.

Request a Demo
1123

Solutions

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.

Request a Demo
1123
Demand-driven replenishment with AI/ML Models

Demand-driven replenishment with AI/ML Models

• Predictive Analytics with AI/ML for SKU/Store forecasts 

Prescriptive Analytics with optimal recommendations for revenue and/or profit optimization
Ensures inventory is positioned where it is most likely to sell

Automated Diagnostics & Alerts

Configurable dashboard for KPI tracking

• Automated diagnostics and exception management for items/locations
needing attention

• Root cause analysis for stock-out and excess stock management

• Performance tracking for monitoring user acceptance rates of system recommendations

Process Automation

Process Automation

Master data management for
maintaining planning parameters and constraints as business conditions change

• Solvoyo Cognitive Learning for new product introduction and store openings

• Integrated with warehouse management systems for no-touch execution

Intelligent Store Replenishment with Solvoyo Platform

Solvoyo Store Replenishment automates daily replenishment decisions using demand-driven models and minimizes the possibility of lost sales. Predictive models working with operational and business constraints give recommendations that can be executed immediately without the need for manual intervention.  Solvoyo Demand-driven replenishment takes a number of demand drivers into account such as weather conditions, special events, and promotions and gives forward-looking recommendations. Through automated diagnostics and KPI tracking, users can quickly focus on items requiring attention, approve actions, and send work orders directly to the WMS systems.

Solvoyo Store Replenishment UI

Executive Dashboards for Inventory Management

Solvoyo platform gives visibility to recent sales trends and supply chain KPIs such as availability, lost sales, waste, and store cover. The platform helps identify issues in a visual format by presenting the best and worst-performing locations or products for the selected KPIs.

Executive Dashboards for Inventory Management

Stock-Out Diagnostics

With automated diagnostics, users can quickly focus on items requiring attention such as root cause analysis for stock-outs.

Stock-Out Diagnostics

SKU/ Store Recommendations

Planned promotions, price changes and special days are taken into account to provide a more accurate view of the demand and inventory projections.

Triggers can be specified for automated PO review&approval, exception management, and automated decision filters

SKU/ Store Recommendations

Recommendations Summary

The status of the replenishment recommendations and track approvals can be monitored from the summary dashboard.

Recommendations Summary
Ready to see our store replenishment solution in action?

What can you achieve with Solvoyo Store Replenishment Solution?

Automating Inventory Management Processes

  • Daily recommendations for automating replenishment process
  • Inventory Optimization working with store/DC capacity, store replenishment frequencies and other operational considerations
  • Load-balancing for DC work orders
Improving Inventory Productivity and Reducing Lost Sales

Improving Inventory Productivity and Reducing Lost Sales

  • SKU/Store forecasting leveraging machine learning taking into account demand-drivers such as promotions, special dates, and weather changes ensures a more accurate version of the expected demand
  • DC Replenishment integrated with Store Replenishment ensures DC- purchase orders always taking into account store needs
  • Integration with ERP system enables automated PO creation enables faster execution
Agility and Scalability

Agility and Scalability

  • Highly and quickly scalable and adaptable for business growth, supporting new categories, new channels, and new store locations
  • Short implementation cycles of cloud-native single planning platform
  • Solvoyo Cognitive Learning for new product introduction and store openings
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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