Shelf Planner is an automated forecasting and prediction engine for SME’s that recommends how much to order for all products for every day of the week, using machine learning and advanced forecasting logics.
Understock situations lead to missed sales opportunities.
Because Shelf Planner uses a so called ‘ideal stock’, based on a more accurate sales forecast, Out of Stock situations are reduced and sales increases.
Overstock situation will ultimately lead to forced markdown and clearances, which is weighing heavy on net margin and profitability.
By reducing overstock situations, sell through at full price increases and net margin improves.