Overview
Replenishment applies AI models to transaction, product, and store data to forecast demand for every product in every location, generating recommended replenishment quantities that balance availability with efficient stock holding. This ensures that you never miss a sale, without tying up working capital in excess stock. Implementing Replenishment has significant benefits, including increasing availability and sell through rate, maintaining the optimal range of inventory by location, streamlining operations and more. It ensures you have the optimal amount of stock in every location to match demand, avoiding overstocking and optimizing your return on working capital through better distribution. Replenishment is built on Peak, an AI platform built to drive growth, profit and efficiency, which will integrate directly with your current tech stack. Peak augments your current data with AI-powered predictions to reduce variability in both demand and supply; ensuring that your stock across multiple locations is optimal for any given capacity or business objective.
Highlights
- Optimised replenishment recommendations at a product by location level, ensuring optimal stock holding at every location across your network.
- View a detailed overview of product performance by store or warehouse, allowing you to better understand demand across your network.
- Set up specific business-specific guardrails, such as product categories, features, and styles; seasonality and promotions; store capacity constraints and more.
Details
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Pricing
Dimension | Description | Cost/12 months |
|---|---|---|
Enterprise | Standard enterprise | $250,000.00 |
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We offer three levels of support to customers. Details for these support tiers can be found here. To get in touch for more information, please contact partnerships@peak.ai
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