What is Getron Advisor

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AN AI-BASED SOLUTION

FOR NEXT GENERATION RETAIL

 

 

Getron Advisor is an AI-Powered tool for product and inventory management.

Advisor plugs into clients’ SKU and location data, then uses advanced Machine Learning algorithms to generate recommendations for everything from allocation and reordering to delisting and discounting. By replacing instinct and impulse with state-of-the art time series forecasting, Advisor can drastically (and rapidly) streamline operations and maximize revenue for companies across a variety of industries.

Getron Advisor’s services are divided into four classes, which are available as a suite or on an individual subscription basis.

TSF: TIME SERIES FORECASTING

Getron Advisor’s Time Series Forecasting Service (TSF) is at the core of all of Getron Advisor’s services. TSF uses client historical performance data to create hybrid models for a predetermined forecast horizon. Via various AI and ML algorithms, Advisor then retunes the parameters of each of these models at each forecasting cycle.

PDST: PREDICTIVE DYNAMIC STOCK TRANSACTIONS

The main goal of Getron Advisor’s Predictive Dynamic Stock Transactions Service (PDST) is to make sure clients get the right amount of the right product to the right location at the right time. PDST makes recommendations for a variety of shipment types, including Distribution to Store, Store to Store and even Vendor to Store transactions. PDST also makes recommendations for new (First Allocation) products and for optimized replenishment, while insuring that no single location receives an excess of inventory.

ARE: ACTION RECOMMENDED ENTITIES

Getron Advisor’s ARE (ARE) Service generates specific action recommendations for products based on their individual life-cycle and location characteristics. These recommendations are detailed at the SKU level, and include Discounting, Repeat Purchase Order, Repeat Production and Delisting proposals.

PBD: PREDICTIVE BUSINESS DIAGNOSTICS

Getron Advisor’s Predictive Business Diagnostics (PBD) Service gives clients access to a fully automated data insight overview. In the form of Power BI reports and dashboards, this service analyses its client’s overall current status within the framework of existing data and forecasts. PBD additionally calculates lagging and leading KPI trends, allowing clients to assess the impact Advisor’s other services has on its day to day operations, in general and in detail.

The Technology Behind Getron Advisor

Getron Advisor has been designed as an AI solution for cloud based services, it naturally has a distributed architecture and runs on Microsoft Azure.