Audience
Companies and businesses in need of an AI solution to eliminate inventory pile ups and optimize customer service
About Fountain9 Kronoscope
Stay on top of your customers’ ever-changing preferences with accurate demand forecasts and stock-out predictions. Our AI engine, Kronoscope constantly senses changes in demand patterns so you can adopt quickly and eliminate inventory pile-ups while your customers always get what they are looking for. Kronoscope uses an ensemble of multiple ML and deep learning algorithms to auto train a custom model for each SKU in every store, warehouse or channel. Our proprietary algorithms identify a variety of patterns including seasonality, cannibalization and substitution effects to boost the accuracy of predictions. No manual tuning is required, models automatically retrain to new demand patterns, detect outliers and eliminate historical volatility. Kronoscope provides natural language insights on anomalies, key drivers of changes in demand, top movers and much more. Enrich demand predictions by simulating the impact of promotions, marketing and several other business factors on demand.
Integrations
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Company Information
Fountain9
Founded: 2019
India
www.fountain9.com
Videos and Screen Captures
DemandPlanner
DemandPlanner helps generate accurate sales and demand forecasts for your products and stores, which is enriched with customer & market dynamics. As a category planner, you gain a clear foresight to prepare optimum replenishment and inventory plans. Demand Planner provides you with accurate sales forecasts, by estimating impacts of a Wide range of external drivers that influence your product demand. The system makes use of advanced quantitative analytics tools, such as Bayesian regression, machine learning and time series modeling; to develop informed estimates over short and long time periods. Its collaborative features streamline demand planning activities with optimized replenishment and procurement along with inventory management. Assess and understand accurately customer demand patterns for your products with the help of advanced predictive analytics models. Balance the net working capital that is tied up in the inventory with immaculate data-driven strategies.
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Smart Inventory Planning & Optimization
Smart Software is a leading provider of demand planning, inventory optimization and supply chain analytics solutions headquartered in Belmont, Massachusetts, USA. Founded in 1981 Smart has helped thousands of customers plan for future demand utilizing industry-leading statistical analytics. Smart Inventory Planning & Optimization (IP&O) is the company’s next-generation suite of native web applications, helping inventory carrying organizations reduce inventory, improve service levels and streamline Sales, Inventory, and Operations Planning.
Smart IP&O, hosted on Amazon Web Services, is a Digital Supply Chain Platform driving three applications: demand planning, inventory optimization, and dashboard reporting. Smart IP&O functions as a transparent extension of our customers’ ERP systems of choice, receiving daily transaction data and returning forecasts and inventory policy values to drive replenishment and production planning.
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Onebeat
Using Onebeat, you are able to decouple your operation from long-term erroneous predictions. Onebeat operates three drums that shape your inventory and merchandise plan, availability, assortment, and freshness. Based on these drums, Onebeat AI algorithms enhance your planning and execution strategy to operate the merchandise flow from procurement through the in-season operation. Retailers need to meet increasing customer demands for availability, personalization, and freshness while handling shorter product life cycles, expanding assortment options, and shortages of best sellers and excess stock. In this challenging new world, you need a platform that is designed to simplify complexity and react to the ever-changing reality. Onebeat monitors the actual demand of each SKU at every location independently and reacts in real-time to ensure the optimal inventory target and service level for every product at any given time.
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Hakio
Hakio’s advanced algorithms leverage real-time data to help you accurately anticipate trends, seasonal patterns, and market performance. Hakio’s forecasts help reduce excess inventory, freeing up capital to prevent stockouts and costly overstock situations. All of which lead to leaner costs, improved product availability, and last but not least, a CFO with a smile on their face. In the dynamic world of fashion and retail, we understand that one size doesn't fit all. That’s why our approach includes carefully selecting and adjusting algorithms to suit the unique context of your business. We empower your team to integrate your own experience and knowledge by enabling manual input into the forecasting process. The team behind Hakio brings decades of experience in supply chain optimization, fashion and retail. Through collaboration with you and your team, we'll navigate the complexities of demand forecasting together.
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Product Details
Platforms Supported
SaaS
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