Markdown Optimization

Markdown optimization is the application of optimizing of reduction in the selling price by recommending the best timing and depth of markdowns taking into account each product’s shelf-life, stock levels, current pricing, lifecycle, and seasonality trends for the purpose of decreasing the excess inventory.

Selecting a Supply Chain Planning Platform

Defining Business Needs Supply chain planning used to be a lot easier, but with today’s world of global sourcing and an almost infinite array of paths from the source to the customer, the complexity is daunting. That’s why today’s supply chain planning systems cover everything from production, transportation, sales and operations (S&OP), to replenishment planning …

Optimize Your Omnichannel Fulfillment!

To compete with the massive online retailers, traditional retailers must be able to fulfill demand when and where it exists. This means that traditional walk-in store sales must be supplemented with hybrid systems to fulfill demand immediately. In addition to serving shoppers in the store, retailers must support online ordering with either pick-up at the …

Master Big Data for Best-in-Class Retail

It used to be so easy! Your customers came into your store, purchased what they needed, and went home. Enter the massive online retailers to bollix-up your perfectly good fulfillment model. Now you must be able to quickly fulfill demand when and where it exists — and heaven-forbid you do not have what the customer …

Top 5 Digital Supply Chain Challenges for CPG

Decision-making at the Speed of Business The commerce is global and regional at the same time, the world is getting smaller and flatter, and Consumer Packaged Goods (CPG) manufacturers operate in this build-anywhere and sell-anywhere market. Consumers are ever more conscious of value, sensitive to health and environmental issues, each demanding more options for his/her …

Starting a Digital Supply Chain Journey

See How Solvoyo Leaves the Competition in the Dust! Solvoyo’s comprehensive digital supply chain planning and optimization platform is head-and-shoulders above other platforms out there, including the best-known industry leaders. That’s because our approach and advanced mathematics blur the line between planning and execution – with the result of measurably better business results. Solvoyo offers …

Big Data Analytics for Wholesalers and Distributors

Industry Challenge In the US, the wholesale industry traded $5.4 trillion in 2015, almost twice the size of the retail industry. Yet the state of the industry is languishing. Operationally, profit margins have been stubbornly flat and supply chain performance measured in inventory performance has been worsening over the last five yearsii. Strategically, the shifting …