The ultimate goal of supply chain is to achieve Maximum on-shelf availability with Minimum surplus of inventory. Retailers sometimes call it the 3R rule: “Right product quantity at the Right time and at the Right place”.

Proper Inventory Management process requires a reliable forecast of demand that allows to calculate proper orders, reconcile the cost of these orders with the buyers open-to-buy budgets, and work out appropriate allocation and replenishment quantities.

The decision process depends on the existing inventory (on-hand, on-order, and in-transit), expected consumers demand, frequency of shipments, corporate policies (buffers, minimum shelves, displays), promotions, seasonally, stores, warehouse and shelf capacities, and many other factors.

Built specifically for the supply chain environment, Retalon common analytic platform Foretune uses retail business rules to cover a wide variety of planned and unplanned situations that may influence future consumer demand, sales, and customer response to marketing campaigns.

Retalon offers a conceptually new analytic platform Foretune that provides the most accurate forecasts of consumer demand, sales, promotional uplifts and other quantities for any entity within a supply chain, at any business level, and for any time interval.

Equipped with Retalon Foretune retailers and distributors achieve fast, tangible, measurable results in optimizing the entire Inventory Management process.