Award-Winning Software for:

 

Retail Demand Forecasting

The Most Accurate Demand Forecasting Software in Retail. Powered by Retalon’s AI and Predictive Analytics.

AI-based demand forecasting that helps you make profitable decisions.

The science behind the Retalon forecast is bar none. Our world-class AI and Predictive Analytics accounts for the key factors that influence demand and proactively recommends intelligent decisions for your business.

 

A powerful tool with a multitude of benefits at your disposal:

Avoid lost sales, out-of-stocks, and dramatically reduce markdowns.

Increase forecast accuracy, and significantly reduce forecast exceptions

Maintain a well balanced assortment across your entire business

Intelligently connect plans with marketing and merchandising

Hard Rock International- Customer Story

 

Danny Leadbeater, Sr. Director of Planning & Allocation

Retalon rose above everyone else with the science behind their forecast. We were able to trust the forecast they came up with 99.9% of the time.

Benefits of Retalon’s AI-Driven Forecasting and Replenishment

 

Discover how you can intelligently automate your replenishment process based on a highly accurate forecast

Intelligent forecasting

Retalon’s forecast is highly intelligent accounting for many factors including, seasonality, cannibalization, promotions, size curves and assortment, pricing and much more.

Perfect mix of Art + Science

Smart business rules enable retailers to configure preferences, constraints, costs, triggers, and more to automate the business and focus on exceptions.

Forecasting for Unified Commerce

The forecast powers a full suite of solutions for merchandise assortment planning, inventory optimization, pricing, promotions and more.

Retail Buisiness-Specific

Our technology is designed specifically for dynamic retailers. It is highly to fit your unique business and specific processes for improved precision and execution.

World Class AI & Analytics

Retalon’s demand forecast software is powered by world-class mathematics as well as proprietary predictive analytics and machine learning technology.

Proven Track Retail Record

Retalon’s award-winning solutions have been proven to deliver tangible results for a variety of retailers across multiple verticals

Uncover your company’s biggest optimization opportunities.
Get an analytic assessment on your data.

Retail Forecasting That Identifies True Demand

One of the biggest challenges retailers experience with forecast accuracy is that their current demand planning systems and forecasting methods rely heavily on historical data. The truth is that past sales present a very misleading picture of what your past demand was.

 

There are many things that change year over year. New versions, styles, and models of products, different overall assortment, moving holidays, new stores, different vendor costs, and much more.

 

By solely relying on past sales, retailers are setting themselves up to repeat past mistakes and lost opportunities into the future. Retalon offers a unique ability to identify true past demand and lost sales in order to build a much more accurate picture of what future demand will look like.

AI Powered Demand Forecasting Tools that Fit Your Retail Business

Retail is a highly dynamic industry with many diverse verticals, supply chain planning approaches, and operational processes. Relying on general ‘data analytics or AI’ firms that don’t specialize in retail often results in lower forecast accuracy, increased exceptions, and the inability to account for critical factors and nuances that influence customer demand for a retail organization.

 

Retalon offers a highly flexible platform that can be configured to your specific business process without a long a tedious customization process. Enjoy high forecast accuracy out of the box.

The Solution for Intelligent Retailing

Retalon is the world’s 1st unified predictive analytics and AI platform that was exclusively designed for the retail industry. We empower retailers to forecast demand with superior accuracy because we live and breathe retail.

 

Unlike generalized AI and analytics solutions, Retalon can intelligently account for many of the key factors influencing demand. Here is a partial list of variables we automatically account for:

Simons – Customer Story

 

Gary Craig, VP, Information Technology

Retalon has given us the ability to reduce the time we spend on replenishment and automate it. We're getting the right product at the right store at the right time without much buyer involvement.

Retalon Retail Solutions Platform

 

All Retalon solutions are powered by our advanced demand forecast:

DEMAND PLANNING SOFTWARE:

Financial Planning

Often executed at a category level a financial plan serves as a reference point and the source for other plans. This plan provides all the necessary functionality to build a long term budget, forecast of sales, GM, turns and other important KPIs.  Users are able to review and approve numbers across multiple levels of a management hierarchy to setup financial goals for the next year or a few seasons.

Merchandise Planning

This Plan is based on a long term forecast of demand, and utilizes all the knowledge Retalon’s predictive analytics engine has generated on past sales (including lost sales, promotions, price changes, seasonality, trends, etc) to help users plan future sales, inventory levels, and receipts. This plan is a highly flexible module which enables users to plan sales, markdown and Inventory (or other metrics) by attributes, as well as plan inventory at cost by merchandise type (e.g. Old/New/Current/Running) and much more.

Assortment Planning

One of the most challenging plans to create is an assortment plan that determines how many units of each Style/Color to purchase, and which stores they should go to and in what quantities. Retalon’s Assortment Planning module powered by a highly accurate demand forecast helps you optimize your assortment.

Pre-Season Planning

This module allows users to plan optimal initial pre-allocation quantities, accounting for actual need of each location, plan-o-gram restrictions, desired assortment, inventory availability, and business rules

In-Season Planning

This plan type allows users to monitor all applicable metrics in-season, compare them with actual weekly performance, and adjust as necessary.

Open-to-Buy

Retalon allows users to build an Open-to-Buy plan at Cost, and create purchase orders based on user defined purchase schedule

INVENTORY OPTIMIZATION:

Optimal Purchaser

Retalon’s Optimal Purchaser & Order Management solution generates optimal suggested quantities based on a highly accurate demand forecast, and allows users to prioritize orders and account for variety of constrains & restrictions. An easy & smart approach that supports multi-echelon, vendor-to-DC, vendor-to-store replenishment, and much more.

Smart Allocation

Optimize allocation across your entire omni-channel retail business with one click. Retalon’s Smart Allocation solution automatically accounts for performance of each product/location, desired assortment distribution, existing terminal stock, and a wide range of other business-specific factors such as size patterns, MINs, and case/pack requirements.

Auto-Replenishment

Retalon’s Auto-Replenishment system automatically determines shipment quantities and allocates products to locations within an organizational hierarchy. An executed future demand forecast is a prerequisite for the Allocation & Replenishment system to run successfully.

Inventory Transfers

Retalon’s predictive analytics engine analyzes every single influencing factor of a retail supply chain, and recommends the optimal inter-store transfer schedule to move merchandise from stores where it is collecting dust on the shelf to stores where the same products are out-of-stock and in high demand. proactively.

Micro-Merchandising

Retalon offers a full suite of tools that allows users to cluster (group) products and stores either dynamically or based on static criteria. Users can define which products can be replenished at which locations, and set & maintain minimums at either the SKU or higher than SKU levels, as well as manage space and capacities by type (e.g. hanging, liner feet).

Safety Stock Optimizer

“Add stock only when it adds value!” Retalon’s Safety Stock optimizer calculates the necessary safety stock quantity for each product individually based on associated risks (such as volatility of demand, variability in Lead Time, Vendor Fill Rates), an accurate forecast, and company policies (such as desired Customer Support Level)

PRICING, PROMOS & MARKDOWNS:

Price Management & Optimization

Retalon’s Price Management & Optimization module enables retailers to set initial prices, maintain optimal prices throughout the product life cycle, automatically adjust product families to price changes, and more. The system intelligently accounts for many factors such as competitive data, product cannibalization, promotions & events as well as any policies, business rules, or constraints set by the user.

Markdowns & Markup Optimization

Retalon’s Markdown Optimization Module monitors a range of critical variables such as current levels of inventory, sales velocity, past & future events, compares projected performance with business goals/objectives, and uses a set of rules and triggers to automatically recommend optimal price adjustments.

Events & Promotions

Retalon’s Events & Promotions module identifies the true effect of past promotions, and empowers retailers to run successful promotions in the future. Know the best time for a promo, set optimal promotional prices, choose the most effective media types, and more.

Uncover your company’s biggest optimization opportunities.
Get an analytic assessment on your data.