The supply chain for luxury retail required a lot of prediction. Your items have a very short shelf life and are replaced by new ranges of products. It is essential that the right quantities must be ordered to mitigate shortages or loss. Medium and long-term supplies are influenced by Vekia engine forecasts. In the most centralised logistics context, luxury retailers can manage their supplies thanks on ergonomic screens and forecast warehouse activity.
Finally, seasonal sales hold a crucial stake that must be forecasted. Vekia new generations tools recommend optimized haircuts pending your strategy, whether outflows, turnover or margins oriented.
Thanks to Vekia Machine Learning algorithms, new products can be automatically chosen according to their discriminating characteristics (clustering), easily sending them to point of sales.