The variety and sheer volume of products that most retailers handle today—coupled with the complexities of selling online and offline—make critical aspects of supply chain management challenging, including demand forecasting, channel allocation and replenishment.
Retailers of all sizes stand to benefit from full supply chain connectivity and visibility, enabling improved process planning, execution and the optimal flow of goods.
ERA brings supply chain data together on a distributed ledger that’s fully transparent and accessible to stakeholders in real time.
From connected supply chain data, our artificial intelligence (AI) and machine learning (ML) models run predictive and prescriptive analytics to guide decision-makers.
ERA includes a suite of applications designed for supply chain functions, including demand forecasting, inventory management and returns management.
The Problem:
Most retailers lack transparency and visibility, resulting in disconnects between decision-makers upstream and their understanding of demand downstream.
Costly supply and demand imbalances unfortunately emerge:
ERA’s dimensional rapid intelligent planning (DRIP) application generates short-term and long-term demand forecasts based on real-time multi-echelon data.
Our warehouse & inventory management application delivers insight into stock levels in all warehouses and stores.
A supply planning & execution application provides intelligent recommendations for the allocation of inventory based off regional demand, which also helps reduce last-mile delivery time.
The Problem:
A key aspect of retailing is ensuring desired products are available to consumers, as well as optimally placed on store shelves.
Our channel assortment & merchandising application delivers replenishment suggestions according to product sales, projected available inventory and forecasted demand.
These recommendations extend to the SKU and planogram level.
Insights include premium product placement within stores and the best layout to drive up sales.
The Problem:
Today’s consumers expect a seamless experience when shopping online and in store.
But for many retailers delivering an omnichannel experience presents challenges due to separate online and offline systems.
Through the connectivity of blockchain, we help retailers bridge the gaps between their physical and digital channels to deliver one holistic experience.
ERA’s dimensional rapid intelligent planning (DRIP) application generates short-term and long-term demand forecasts based on real-time multi-echelon data.
Our warehouse & inventory management application delivers insight into stock levels in all warehouses and stores.
A supply planning & execution application provides intelligent recommendations for the allocation of inventory based off regional demand, which also helps reduce last-mile delivery time.
15%
improvement in forecast accuracy
30%
increase in operational efficiency
12%
increase in working capital
25%
improvements in customer satisfaction