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What is Retalon?
A financial plan, typically developed at a category level, serves as a crucial reference point and foundation for the creation of other strategic initiatives. This all-encompassing plan includes vital components necessary for establishing a long-term budget, along with projections related to sales, gross margin, inventory turnover, and various important key performance indicators (KPIs). Stakeholders can assess and endorse figures at different management tiers, which aids in setting financial targets for the upcoming year or several seasons ahead. The plan is based on a long-term demand forecast and utilizes insights from Retalon's predictive analytics engine, which scrutinizes historical sales data alongside factors like lost sales, promotional efforts, pricing adjustments, seasonality, and market dynamics to guide users in forecasting future sales, inventory levels, and receipts. Furthermore, this tool allows users to identify the best initial pre-allocation quantities while taking into account individual location requirements, plan-o-gram constraints, desired product assortments, inventory availability, and pertinent business guidelines. Consequently, this methodical approach to financial planning not only simplifies the decision-making process but also significantly boosts overall organizational productivity and responsiveness to market changes. By adopting such a structured framework, businesses can better navigate the complexities of financial management in a rapidly evolving landscape.
What is Algo?
Quickly leverage data from multiple channels and teams to improve forecasting accuracy. Adapt and visually review strategies at all levels of the organizational hierarchy with ease. Assess both constrained and unconstrained forecasting scenarios to guarantee effective and agile planning. Carry out inventory management simulations seamlessly to optimize stock levels. Strategically allocate scarce inventory to mitigate stockouts and minimize associated risks. Adjust dynamic inventory levels and forecasting methods instantaneously to respond to market changes. Efficiently identify products and accounts that need urgent intervention. Ensure a central repository for real-time data on stock availability, items in transit, and planogram layouts. Methodically prioritize all store-item combinations to create precise orders and allocations across various platforms. Conduct interactive "what-if?" analyses to refine receipt strategies and strengthen order management processes. This holistic strategy equips teams with the insights needed to make well-informed decisions confidently, ultimately enhancing overall operational effectiveness.
Integrations Supported
Additional information not provided
Integrations Supported
Additional information not provided
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Retalon
Date Founded
2002
Company Location
Canada
Company Website
retalon.com/solutions
Company Facts
Organization Name
Algo
Date Founded
2016
Company Location
United States
Company Website
www.algo.com
Categories and Features
Automatic Replenishment Systems
Counting by Exception
Customer Management
Financial Management
Inventory Management
Nice Shelf Stocks
On-order Information
Sales Anticipation
Store Order Leveling
Zero Turnover Checks
Predictive Analytics
AI / Machine Learning
Benchmarking
Data Blending
Data Mining
Demand Forecasting
For Education
For Healthcare
Modeling & Simulation
Sentiment Analysis
Categories and Features
Demand Planning
Capacity Planning
Data Visualization
Historical Reporting
Inventory Optimization
Planned vs Actual Tracking
Product Introduction Planning
Promotions Management
Replenishment Management
Sales Forecasting
Supply Forecasting