Avoid missed opportunities
A recent report on retail out-of-stock (OOS) reduction found that 47% of OOS arises from poor demand forecasting. If you’re experiencing consistent retailer out-of-stocks, SOLYS can help you investigate at the forecasting level to ensure accurate retailer orders. These rich supply chain analytics provide all the tools you need to reduce store-based and shelf-based OOs through sustained forecast accuracy, weekly inventory monitoring, root cause analysis and store level inventory alerts.
You may not even be aware that your shelf space is empty, because sometimes OOS issues are not forecasting issues — they could be problems with in-store execution. SOLYS uncovers other issues that may be affecting on-shelf availability (OSA).
- View combined sales, inventory, forecast and order data
- Monitor promo sales, inventory, and in-stock ETAs
- Analyze inventory levels by store and by DC
- Gauge forecast accuracy and variance to actuals
- Compare your forecast against retailer forecast
- Generate forecasts using SOLYS forecast model
- Plan PO future quantity recommendations
- View actual and projected EOH, OW and WOS
- Identify phantom inventory
- Reallocate excess inventory
Insights in time to make a difference
Bring more fact-based recommendations and greater value to your retailers than your competitors can with the heavyweight reporting power of the SOLYS platform. You can set up your saved reports to run automatically at a scheduled time and SOLYS will deliver them to your inbox, every Monday morning, even before you wake up. Quickly share information, address issues, and spend time where it counts...gaining control of your business and ground over your competitors.
Get right to work making key decisions rather than running reports.
Supply Chain Reporting in Action
FLO Report
Get an overarching perspective of all the critical supply chain data points you need to reduce out of stocks and maximize sales.
Business Highlights
Automate this readable recap of your weekly KPIs and share fresh insights with your team first thing Monday..
Weekly POS Recap
A one-stop shop to track your sales and inventory performance. View sales, inventory, instock ETAs as well as a geographical overview.
Omnichannel Insights
Get the complete story of your in-store and online sales and fulfillment methods to thoroughly assess channel performance.
Promotions
Optimize promotional pricing, minimize lost sales and out-of-stocks, and make the most of every promotional event with SOLYS.
Weekly KPI Report
Determine if you’re on target to reach your retail team objectives so you can act on problems or opportunities in advance.
What people are saying
The improvement that we have seen on fill rates and in-stocks, and our ability to deploy product to the right servicing distribution center last year alone drove 2.6 million dollars in incremental volume.
Forecast Analyst
Household Essentials
SOLYS is effective because the people who develop and support the tool work in concert with their customers to create the data analytics they need to analyze business quickly and efficiently.
Director, Supply Chain Ops
Food & Beverage
We identified a $500,000 lost sales opportunity due to very low in-stocks during promotions – the result of an ordering error on our retailer’s part. After correcting their error, sales volume improved on subsequent promotions.
Business Analyst
Personal Care
The company we keep
The brightest business intelligence is only as good as the people who create it and stand behind it. People who understand the consumer goods industry from the inside-out, across retail teams, rep groups and retailers.
We are those people.