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Streamline processes to cut lead times and maximize resource use to boost efficiency. Use a range of order procedures and safety stock techniques to effectively handle slow-moving, sporadic, and fast-moving inventory.
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Brand owners frequently find it difficult to combine keeping enough inventory on hand to satisfy consumer demand with avoiding expensive overstock scenarios. Merchandise planning guarantees that brands maintain ideal stock levels, lower excess inventory expenses, and improve overall supply chain efficiency by coordinating purchasing decisions with actual demand.

By enabling brand owners to create complete strategies for the entire company as well as individual stores, Logility’s Merchandise Planning solution guarantees that the right items are accessible when and where your customers need them most. You may easily create and maintain crucial plans by utilizing Merchandise Planning, such as:
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Conventional demand forecasting techniques use best-choice statistical models, which require trustworthy historical data in order to generate good predictions. The past frequently does not predict the future in the fast-paced world of today, when new products are introduced almost constantly and global supply chain disruptions have a significant influence. Although it can somewhat mitigate the flaws, using AI on top of erroneous statistical projections is insufficient. Clients take advantage of DemandAI+’s AI-first capabilities for this reason.
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For improved inventory management, DemandAI+ provides an innovative new method for quickly responding to abrupt shifts in demand. DemandAI+ begins the forecasting process with sophisticated AI techniques, employing an ensemble methodology that guarantees the best accurate forecast, even in the case of insufficient or faulty historical data. DemandAI+ changes the collaborative process to concentrate on demand factors like promotions, events, seasonality, and trends rather than a subjective and compartmentalized approach.
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