Retailers carrying a wide range of products face a wide range of shifting demand trends. The factors that influence what shoppers put in their carts – foods and beverages, personal care items, apparel and accessories, hardline products for inside and outside the home – all vary daily and differently across store locations or markets. Planalytics’ predictive demand analytics enable companies to adjust inventories based on when, where, and how much the sales of specific products will increase or decrease due to the weather, the most omnipresent external driver of consumer purchasing.
Retailers that integrate Planalytics’ predictive demand analytics grow profit margins through increased sales (improved availability/fewer out-of-stocks), lower costs (e.g. inventory carrying costs, markdowns, perishable waste/shrink, etc.), and/or more effective use of marketing dollars (e.g. improved ROAS, etc.). For more details, we invite you to request a financial benefit estimate for your business.
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