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Retalix DemandAnalytX (DAX)
Demand Driven Replenishment
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Overview:
Retalix DemandAnalytX (DAX) is a browser based, demand driven replenishment solution, designed for retailers to optimize inventory and streamline the order process. Comprised of four core modules: Demand Forecasting, Inventory, Ordering, and Analytics it contains unique algorithms to interpret demand and optimize replenishment orders.
Retalix DAX provides full automation of forecasting and order generation with store-level hand held device support and POS integration feeds. It can also operate in a simple, exception based management manor to reduce cycle counting and recommended order review. The architecture is highly scalable to serve retailers of all sizes.
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Typical ROI Results:
- 80% out-of-stock reduction
- 30% spoilage reduction
- 20% inventory reduction
- 2.5% increase in sales
Demand Forecasting Highlights:
- Point of Sale (POS) data extraction, cleaning and verification
- Accurate, food retail specific, adapted forecasting with noise reduction forecasting capabilities
- Automatic calculation of the influence of past and future promotions, holiday, and special events
- Item level identification of: trends, weekly profiles, seasonality patterns.
Inventory Highlights:
- Store-level inventory management with designated hand-held application
- Partial or full Perpetual Inventory
- Inventory valuation
- Automatic algorithms to identify inventory anomalies
Ordering Highlights:
- Central ordering application that controls the delivery schedule, lead times, vendor orders workflow and more.
- Dynamic optimization of inventory levels / order quantities and order cycles to reduce inventory, shrink and increase fulfillment
- Proprietary models for short life products and slow-movers to reduce shrink and inventory accumulation
- Stores orders forecasting - upstream the forecast through the supply chain
Analytics Highlights:
- Dashboard for Key Performance Indicator as long with advanced data analysis tool to understand anomalies root of cause.
- Crystal embedded repots engine
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