We Align Inventory to Omnichannel Demand

By forecasting store and online fulfillment demand for every SKU and location

Omnichannel

Predict store demand, online fulfillment demand, and returns for all products.

Unrivaled Forecast

Generate highly accurate forecasts by accounting for every demand driver.

Hyper Localized

Evaluate every location, for every SKU, including new, slow-moving, and end-of-life goods.

Demand Forecasting & Planning

Anticipate Omnichannel Demand

  • Predict omnichannel demand for all products across channels and time
  • Sense changing market conditions using AI and machine learning
  • Connect decisioning across the enterprise with a single, unified demand signal
  • Improve productivity through UI visualizations and investigative features
  • Connect demand forecast across various solutions including allocation and replenishment

 

 

Download Solution Sheet (PDF)

Increased sales and margins

By improving inventory alignment by reducing forecast error by 20%

Instilled confidence in predictions

As reflected by a 75% reduction in planner overrides.

Unlocked millions in capital

By reducing safety stock and on-hand inventory by 20%

Accurate Forecasting improves Allocation & Replenishment

Many retailers struggle to decipher explainable data within the noise of their historical data. Yet even those that do, many still fail to gain the full value from their demand predictions if they aren’t used throughout their merchandising and supply chain processes

In this short video presentation, Nicholas Wegman PhD explains how to overcome these challenges.

Watch the 1-minute summary video.

Allocation Optimization

Allocate for Omnichannel Demand

  • Use omnichannel demand while balancing capacity, presentation, labor, and financial KPI’s
  • Place inventory in the ideal location for store sales and online fulfillment
  • Reduce future shipping costs by minimizing potential split ships and order zone hopping
  • Mitigate DC capacity issues caused by sharp increases in customer order fulfillment
  • Maximize inventory efficiency by improving sell-through and lowering markdowns
Download Solution Sheet (PDF)

Increased sales

Up to 3% by allocating for both local sales and online fulfillment

Improved Inventory Turns

By 250% by aligning inventory to the overall omni-demand

Lowered Shipping Costs

By doubling ship completes from better inventory positioning

Omnichannel Allocation Demo

Today’s allocation requires a complete picture of demand, which means that you must account for those who come into the store and those who live within the vicinity who will order online.

How is this done? Watch this demo.

Replenishment Optimization

Stay nimble and fulfill customer demand

  • Forecast omnichannel demand signal across all nodes in the supply chain  
  • Granular item/store/day order-point generation  
  • Optimize omnichannel replenishment decisions based on profitability 
  • Light-touch approach: augment existing ordering system instead of rip-and-replace 
  • Reduce inventory spend and increase margin on recaptured lost sales 
  • Free up analyst manpower to focus on inventory replenishment outliers  
  • Easily evaluate effects of supply chain tactical changes on inventory, sales, and profitability 

Download Solution Sheet (PDF)

Omnichannel Inventory Optimization

“Our online demand is up 300%, but our margin decreased from 36.7% to 26.8% as a result of higher fulfillment costs.”

“Our DC capacity cannot keep up with our expected holiday online demand. We are expecting extreme store-based fulfillment.”

These are real challenges that require interconnected and responsive planning across merchandising, supply chain, and marketing functions to solve.

Watch this introductory video to learn more.

Related Forecasting, Allocation, and Replenishment Information

Finding Profit in Omnichannel

Online orders can lead to margin loss of up to 8%. With online orders accounting for 40-60% of sales, this combination is a concern for fashion retailers.
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How Omnichannel is Revolutionizing Allocation

Six ways to change your allocation process due to omnichannel
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Antuit.ai named in 2021 Gartner Market Guide for Retail Forecasting and Replenishment Solutions

Antuit.ai named in 2021 Gartner Market Guide for Retail Forecasting and Replenishment Solutions
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Increasing Allocation Accuracy Is Key to Efficient Fulfillment

In 2021, the ability to react to changes in customer demand will be more important as the needs and expectations of consumers change so dramatically.
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