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Average Ratings 0 Ratings

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ease
features
design
support

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Description

Often carried out at a category level, a financial plan acts as a foundational reference and a basis for developing other strategic plans. This comprehensive plan incorporates the essential features needed to create a long-term budget as well as forecasts for sales, gross margin, inventory turnover, and other crucial key performance indicators (KPIs). Users have the capability to evaluate and approve figures at various management levels, thereby establishing financial objectives for the upcoming year or multiple seasons. This plan relies on a long-term demand forecast and leverages the insights generated by Retalon’s predictive analytics engine, which analyzes historical sales data, including factors such as lost sales, promotional activities, price adjustments, seasonality, and market trends, to assist users in planning future sales, inventory quantities, and receipts. Additionally, this module empowers users to determine optimal initial pre-allocation quantities while considering the specific needs of each location, plan-o-gram limitations, desired product assortments, inventory availability, and relevant business rules. Ultimately, this structured approach to financial planning streamlines the decision-making process and enhances overall organizational efficiency.

Description

Our innovative Shelf Operating System (SHELF-OS) empowers retail operators to enhance their profit margins while simultaneously boosting customer satisfaction levels. By utilizing real-time data on on-shelf inventory, we initiate targeted actionable workflows designed to address and monitor necessary corrective actions. Retailers frequently face the issue of product overstock, particularly with items that do not rotate well, resulting in an estimated loss of 2-4% in sales per store. The IHL Group’s recent findings indicate that out-of-stock (OOS) situations combined with overstocks cost North American retailers approximately $253 billion. Our approach includes continuous non-invasive data collection through advanced 3D sensor cameras, offering real-time stock audits that indicate whether inventory levels are full, low, or out of stock. We ensure adherence to planogram standards, verify product pricing, and oversee merchandising services, while also conducting audits on point-of-purchase marketing. With automated task alerts for refacing and replenishment, we facilitate seamless communication among team members, including associates, managers, and service providers, using SMS and WhatsApp. Additionally, we provide a prioritized task list for alerts, ensuring that critical operational needs are addressed efficiently. Ultimately, SHELF-OS revolutionizes retail management by integrating technology to streamline processes and enhance the shopping experience.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$399 one-time payment
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Retalon

Founded

2002

Country

Canada

Website

retalon.com/solutions

Vendor Details

Company Name

Akcelita

Founded

2014

Country

United States

Website

www.akcelita.com

Product 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

Product Features

Inventory Control

Allocation
Barcoding
Cost Tracking
Forecasting
Item Management
Order Management
Procurement Management
Reorder Management
SKU / UPC Codes
Serial Number Tracking
Supplier Management

Alternatives

Alternatives

ABM Shelf Reviews

ABM Shelf

ABM Cloud
Quant Reviews

Quant

Quant Retail s.r.o.