Reaching 15% for promoted items. As a consequence, retailers lose up to 4% of sales!!
Verix delivers a highly accurate in-store out-of-stock SaaS solution that enables retailers and suppliers to forecast and alert in-store out-of-stock issues as they happen, and even before they occur. The application ensures on-shelf availability, thus significantly improving consumer satisfaction for retailers.
You will be able to increase prevention of out-of-stock situations by several hundred percents. Our “On-Shelf Availability Optimization” application shows ROI in just 4-6 weeks, and alerts on detected issues in a matter of days rather than weeks. The overall estimated annual impact is tens of $MM for a single retailer!
Supporting all role functions in the Out-Of-Stock business chain, processing vast amounts of data: daily POS, Inventory, Shipments, and more.
Daily feedback loop analyses, go through billions of data records in thousands of stores. The feedback loop analyses are regularly calibrated to ensure high alert accuracy.
“This new Retail Shelf Alert solution is a breakthrough improvement
for P&G and the industry with accuracy improvement at better than 150%”Global Customer Team
Wal-Mart
Verix’s algorithm identifies what makes the business hum and helps puts the dots together for P&G. See Guy Peri, Vice President, Information Technology at Procter and Gamble speak about this.
Since signing a strategic partnership between P&G and Verix in 2012, the two companies have been working closely together to strengthen and build P&G’s capabilities and industry leadership in business analytics. Learn about the new approach of consuming data with Verix.
See how to automatically prepare for your brand review meetings in just a few minutes. See how you can create your brand review once with Verix’s ‘Tell a Story’, and use the story presentation mode for the review.