Retail AI Software for:
Retail AI Software for:
Proactively balance inventory across your entire business to reduce markdowns and out-of-stocks in the most cost efficient and profitable way.
Retalon’s AI recommends optimal merchandise transfers from stores where with slowing sell-thru rates to locations where these products are running low and are in high demand.
A powerful tool with a multitude of benefits at your disposal:
Significantly reduce markdowns
Avoid out-of-stocks and lost sales
Rebuild broken assortment across your business
Only transfer inventory when it’s profitable
Discover how you can automate and optimize your entire inventory balancing process:
Avoid being left with fringe sizes and inventory distortion across your stores & channels
Proactively move slow selling merch to locations where it can still be sold at full price
Restock stores to meet demand without additional purchases from your overstocked locations
Consistently remain in-stock on key products without extra inventory costs
Retalon’s AI automatically runs a cost/benefit analysis to suggest top transfers by profitability
All Retalon solutions run on our award-winning retail AI engine and a highly accurate demand forecast
Let Retalon’s AI do the heavy lifting for you.
Our system automatically accounts for dozens of key factors (such as picking and logistics costs) associated with each transfer. It also analyzes demand forecasts at both locations, and compares the financial benefits of potential transfers to alternative options (such as markdowns and new purchases).
This all happens in the background. You simply get a clear action plan for only the most profitable transfers — proactively.
Just approve the transfers you’d like to execute, and enjoy the additional sales at a higher gross margin.
Apart from using this tool to transfer overstocked inventory to locations running out of stock, there are several other power uses you will have in your arsenal.
This tool will rebuild assortment across your business. Whether you’re missing core sizes in a fashion store, or simply have low inventory on key items after a seasonal peak, our system will analyze your situation and automatically rebuild your product mix at each location.
You can also use this tool to build-up new stores from the overstock in your existing locations. Avoid needless purchases for new stores, while getting rid of slow moving inventory from other locations.
“We already transfer inventory, and we try to avoid it.”
This is a common point we hear from retailers.
But our solution is not a retroactive approach. If you’re transferring inventory when you notice an out-of-stock, you’re already too late. You’ve already lost the sale (and are likely experiencing overstocks and carrying costs at other stores).
Retalon is proactive and highly intelligent. Transfer recommendations are provided before you experience lost sales or markdowns.
The tool also sorts transfers by profitability, so you can significantly reduce total store transfers by acting only on the most profitable ones.