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ΗΑΗΑΗΑΗΑΗΑ
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Who We Are
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We are the world leader in retail analytics and optimization
We solve business problems using machine learning, data mining and decision support systems
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AVERAGE AGE 28
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What We Do
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Grocery Solutions DEMAND FORECASTING INVENTORY PLANNING
SUPPLY CHAIN DEMAND FORECASTING INVENTORY PLANNING PRICE OPTIMIZATION
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Grocery Example – Demand Insight
How much stock should I keep in my warehouse? When should I order for my stores? How much should I order? Which locations to supply and in which priority? When should I order from my suppliers? Order is placed Order is prepared Order arrives The order is on the shelf Product in the basket Order is on its way
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Grocery Example – Demand Insight
BUSINESS PROBLEM HOW? Overstock can lead to damaged goods and understock to lost sales. Analyze historical sales and use statistical methods to create a demand forecast TARGET RESULT Optimize the quantities that we order to meet sales demand and reduce costs Reduced out of stocks and overstocks; supply chain cost efficiency
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Fashion Solutions FINANCIAL PLANNING ASSORTMENT PLANNING
SIZE PROFILE OPTIMIZATION
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Fashion Example – Size Optimization
XL L M S
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Fashion Example – Size Optimization
BUSINESS PROBLEM HOW? Faulty size ordering could cause lost sales (lost revenue) or over- allocation (wrongly invested capital). Analyze past data per product and per location; use algorithmic processes to optimize size ordering. TARGET RESULT Optimize the sizes that are ordered per product and location Optimized size profiles that can reduce lost sales and avoid over-allocation.
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How we do it?
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Oracle RPAS Oracle’s Retail Predictive Application Server
RPAS is a powerful multidimensional planning and forecasting platform RPAS can process and store planning and forecasting data on a high level of detail RPAS stores all data in a central database Without ORPAS (Unchained spreadsheets) With ORPAS (Only one version of truth) LOCATION Science PRODUCT SCIENCE CALENDAR
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Veltio Hires
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Veltio Openings: Application Consultant Technical Consultant
Delivery Consultant / Project Manager Software Developer Support Engineer 24/7 Support Data Scientist Solution Analyst
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. Thank you for coming!
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