Reduce Over Stocks
Reduce Decision Time
Make new product introduction and widespread assortment changes automatic and seamless: no matter if sales history for a product or store exists, is limited, noisy or too sparse to extract patterns, NPF will produce a reliable and accurate forecast with little or no human intervention.
Leverage retail-specific algorithms to isolate promotion effects, predict too-long and too-short promotion events and reflect inter-product relationships such as halo or cannibalization. Our demand-pattern detection engine produces accurate forecasts even when a promotion was never seen in the past, letting you build and test optimal promotional and pricing strategies.
Omni-channel retail has made returns forecasting more important than ever in managing stock flows, optimizing fulfilment, and understanding the budgetary impact of returns. Predict realistic return flows using actual fulfilment data that can be leveraged in multiple business processes from Financial Planning, to Assortment to Supply Chain.
Calculating accurate size profiles is often a manual process, prone to errors and infrequently updated. Automate and simplify all steps of this process, from data cleansing and automatically identifying size ranges (and sub-ranges) to building optimal size curves for use in planning, buying and execution.