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Ratings and Reviews 0 Ratings
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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 Algonomy Order Right?
Algonomy's Order Right allows retailers to transition from conventional, standardized replenishment methods to a more flexible, AI-enhanced strategy that prioritizes specific local demands. This cutting-edge tool generates accurate ordering plans, even for intricate product categories. By leveraging its retail-focused AI, it effectively predicts real demand across multiple stores, channels, and categories. Furthermore, it streamlines the ordering process by considering essential elements such as shelf-life, lead times, expiration dates, minimum order quantities, necessary display stock, and regular ordering intervals, which in turn helps retailers fulfill customer needs more effectively. As a result, Algonomy equips retailers with the capability to respond to market changes and consumer preferences with heightened responsiveness. This capability not only improves inventory management but also enhances overall customer satisfaction by ensuring product availability.
Media
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Integrations Supported
Algonomy
Algonomy Vendor Link
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
Algonomy
Date Founded
2020
Company Location
United States
Company Website
algonomy.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
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