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With NeuroBayes® you can achieve a significant improvement of your operating profit in your daily business by making use of precise prognoses.
The precise prognosis of the demanded quantity of individual products is always one of the most important challenges for a retailer. Coordinating and planing production, delivery and sales in close cooperation with the manufacturers offers the potential for a high operating profit. In particular seasonal articles, perishable goods and volatile products depending strongly on external factors can not be easily predicted with the conventional methods. If too many goods are ordered the risk of an oversupply is strongly increased. If the effects of weather and holidays are then not taken into account the costs for warehousing and write-offs can rise dramatically. By ordering fewer goods on the other hand one runs the risk of Out-of-Stocks and a general lack of goods.
NeuroBayes® allows for precise sales prognoses based on a highly developed algorithm. Using automated procedures NeuroBayes® recognises previously unknown interrelations and utilises them in the prognoses. The system can predict fluctuations in the demand by considering both historical data and external influences and thus enables an optimised supply management. NeuroBayes® can also take into special account the standard articles for which the constant availability is of greater importance. Furthermore the goods can be distributed ideally among the individual shops so as to optimise oversupply and availability - at the same time taking into account complex auxiliary conditions and constraints.
Compared to the conventional methods NeuroBayes® is therefore able to provide an improvement of the prognoses of up to 60%. In addition NeuroBayes® can be fully integrated into your running IT-system and can automatically produce predictions of highest quality. It's flexible procedure offers the best possible adaptation to your specific problems and requests.
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• Predict the turnover for each shop, every day and for each individual article.
• Optimise your sales campaigns by predicting their impact on the turnover.
• Utilise a learning system that will continually improve your results.
