Matching supply with demand is a primary challenge for a firm. While, excess supply is too costly, inadequate supply irritates customers. The retail industry demands accurate and efficient delivery of goods. The smallest opportunities lost out at individual stores of a retail chain aggregate into huge losses. Hence, the answer to today's retail supply chain issues lies in successfully meeting demand without erring into either over production or under supply.
Our store level allocation solution taps into the demand indicators available at the point of sale and couples them with historical data to predict accurate store level allocations. Not only does our solution compute initial store level allocation but also improves its accuracy with time through a built in error measurement and error minimization mechanism by doing sensitivity analysis.
Although, our SLAS is ready to plug and play as an out of box system, it can also be configured or customized to meet specific needs. The solution comes equipped with multiple possible configurations that allow users to tailor its operation to their needs. Moreover, we offer customization services alongside our SLAS to ensure that it is a perfect fit for your industry specific needs.
Solution Features:
- Store level allocation for multiple stores of retail chains
- Store level daily/weekly allocation
- Promotion tagging
- Built in error measurement
- Sensitivity analysis to minimize error on a daily/weekly basis
- System level threads enabling simultaneous handling of multiple accounts
- Everyday dynamic re-alignment of Allocation Indices
Solution Capabilities:
- User capability to override system generated allocations
- User capability to prioritize accounts for processing by the allocation engine
- Allocation methodology customized for different product lifecycle stages
- User controlled methodology selection for generation of store allocation indices