How can Luminate Store Fulfillment help my business?

No matter the channel or the product, inventory out-of-stocks cause lost sales now and can prevent future sales, too. But demand for the same product can differ from one store to another, making it difficult to know what amounts to order. Meanwhile, fresh and ultra-fresh product ranges are vital to grocers’ ability to compete, as customers demand the freshest foods, right now, at competitive prices.

How will you keep the right amount of inventory on hand while also minimizing waste?

With JDA, artificial intelligence from Blue Yonder can help you gain a competitive edge, automating store replenishment and reducing out-of-stocks by as much as 80%. Luminate Store Fulfillment helps you benefit from the power of digital-edge technologies. Reduce waste while alleviating unnecessary manual interventions by delivering accurate, granular demand forecasts with Luminate Store Fulfillment. For unmatched accuracy, Store Fulfillment calculates demand and optimizes order decisions by store, product and day, with independent forecast calculations for each store and product. Once it learns the dynamics of item demand, Store Fulfillment analyzes data and delivers accurate, probabilistic demand predictions with a 21-day horizon. Get more accurate results than traditional forecasting methods and powering future optimizations with JDA.

 

Features

  • Uses Blue Yonder's machine learning to measure events down to the day, store, and item level
  • Applies your existing supply chain data, with connectivity to 200+ internal and external demand factors for ultra-precise decision-making
  • Considers unique indicators, including your cost of backroom stock, minimum stock requirements, best-before dates, in-store product placement and more
  • Reduces the need for manual interventions with a high degree of automation

Benefits

  • Cuts the number of out-of-stocks, leading to increased customer satisfaction and shopper loyalty
  • Reduces product waste and the amount of unnecessary inventory, for greater cost savings
  • Better aligns replenishment decisions with your business strategy
  • Boosts staff time with customers and value-added tasks as more replenishment tasks are automated

Find out how Luminate Store Fulfillment can help you

Expert advice, extended product information, and so much more. Contact one of our highly trained representatives today.

Contact JDA
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