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Evant Demand Planning and Replenishment
Description
Evants Demand Planning and Replenishment is the retail industrys most advanced integrated planning, replenishment and allocation solution. At the heart is a state-of-the-art statistical forecasting engine that combines sophisticated demand cleansing, day-of-week and seasonal profiling tools with proven forecasting techniques. The result is maximum forecast accuracy for different segments of merchandise, including turn, promotion, seasonal, slow-moving, new stores and new products.
Driven by accurate demand forecasts for every SKU in every location, Evant Demand Planning and Replenishment uses patented optimization techniques to develop time-phased replenishment plans that meet service-level goals while minimizing inventory investment across a chains multi-tiered distribution network. This also includes the total chains demand and supply variables within a single optimization process, resulting in significant financial improvements over traditional replenishment solutions.
Dynamic on-line simulation capabilities model financial implications of potential replenishment strategies, including order frequency, service-level objectives, desired safety-stock levels and storage capacity.
Powerful investment buying capabilities automatically evaluate purchase opportunities and consider the many economic variables and trade-offs for replenishment and deal buying decisions.
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