In & Out Product Management

Q: Improve Inventory Productivity & Reduce Lost Sales

Leveraging advanced analytics for estimation for first-time items Providing smart allocation guidelines based on each store’s sales potential

Q: Improve Efficiency And Visibility

Digital transformation of manual analysis and workflow management Status tracking, visibility, and creation of corporate memory

Q: Increase Agility & Scalability

Highly scalable and adaptable for business growth Solvoyo Cognitive Learning for new product introduction and store openings

Solvoyo’s integrated, automated, and collaborative, In & Out (Promotional) Product Management solution powered by machine learning will help you ensure optimal stock availability and improve promotional items’ profitability during the offer period

Intelligent In & Out Product Management

Solvoyo In&Out Product Management solution streamlines the end-to-end process for planning, allocation, contract management, and order tracking for limited-time-only products while supporting collaboration between central planning and regional managers.

Predictive demand-driven models assess the sales potential using attribute-based forecasting techniques that minimizes the possibility of lost sales and excess stock. Our multi-level workflow management keeps track of the status of the offers, and user overrides and comments. Purchasing recommendations consider operational constraints and business rules and can be integrated with ERP systems for a fully-automated planning and purchasing cycle.

Asena Yosun Denizeri

Vice President of Retail Solutions
Solvoyo

"In-and-out products are often planned using manual analysis and inputs from category managers. In our solution we digitize the planning process by combining advanced analytical methods to inform decisions related to purchase order planning and store-level allocation. We also enable workflows to manage the review and approval process. This creates a standardized and analytical approach to management of these items and while providing a system of record and creates corporate memory"

 5/5

What can you achieve with Solvoyo
In & Out Product Management Solution?

Improve Inventory Productivity & Reduce Lost Sales

Leveraging advanced analytics for estimation for first-time items
Providing smart allocation guidelines based on each store’s sales potential

Improve Efficiency And Visibility

Digital transformation of manual analysis and workflow management
Status tracking, visibility, and creation of corporate memory

Increase Agility & Scalability

Highly scalable and adaptable for business growth
Solvoyo Cognitive Learning for new product introduction and store openings

Improve Inventory Productivity

Improve Availability

Promotion Planning in Inventory Management

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Easily identify sales opportunities at store level based on similarity-based store profiling/clustering

Easily identify sales opportunities at store level based on similarity-based store profiling/clustering

Through AI/ML capabilities, demand forecast is automatically adjusted

Maximize revenue during the offer period while minimizing terminal stock

Through AI/ML capabilities, demand forecast is automatically adjusted to taking into account the stock out effect occurred in the past

Maximize revenue during the offer period while minimizing terminal stock

Solvoyo In & Out Product Management UI

Solvoyo Workflow Management

Solvoyo Workflow Management can be configured to reflect your multi-level approval process, so you can digitize your operations in the way you would like to run your businesses, whether it is centralized planning or regional planning, or even store-level approvals can all happen within the same tool

User uploads

When planning the promotional products’ lifecycle, you can upload images or marketing material so users can quickly relate to the product

Lifecycle forecasting based
on similar item sales

Whether you are planning brand new items or items carried in previous seasons, you will always have an intelligent baseline forecast generated using AI/ML models and referencing similar item sales

AI/ML Predictive Models

Predictive Analytics for SKU/Store lifecycle forecasts

Attribute-based forecasting for first-time items

Prescriptive Analytics

Working with vendor parameters (e.g., packs, pallets, etc.) considered for PO recommendations Bottoms-up approach to maximize the sales potential of each store

Digital Collaboration

Multi-level workflow management for approval and user input tracking Real-time integration with ERP for contract management and purchase order creation

Start your journey now

Digital transformation with Solvoyo

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