Getron ARE - Action Recommended Entities

Manages products' dynamic pricing, optimal warehouse quantities and delisting recommendations through AI algorithms.

Getron ARE optimizes the price levels to increase the demand for slow moving items and provides the right stock levels.

Main Features

Warehouse Inventory Optimization Management

Maintaining minimum (safety) stock levels
Computing optimal purchase work order quantities
Ability to manage optimal stock level of products with irregular demand via Order Fill Rate
Optimization based on order/sales data, in-transit stock, open order (backorder), and supply time
Correcting the impact of products with extreme demand and those in campaigns
Multi-warehouse support

Order Quantity Management

Creation of purchase work orders that comply with the defined transportation unit (bag quantity, parcel etc.)
Defining minimum and maximum order quantities
Order quantity optimization based on order and stock retention costs
Limiting order quantities by product price
Product segment/rank identification and brand-based management
Assigning the target KPIs at any level of the product hierarchy

Lead Time Computing

Determining the supply time through historical order data sets
Setting lead time based on different logistics strategies such as highway/airway
Assigning minimum and maximum lead time limits

Price Optimization

Demand forecasting-driven price optimization for slow-moving items
Discount/Campaign optimization and recommendation based on gross margin, revenue, or destocking strategies
Sales-targeted price optimization within the planned product life cycle
Optimal price level recommendation based on the customer price architecture
Management of the terminal stock for campaign recommendations
Modelling elasticity of demand & promotional campaigns

Getron Web Application & Mass Customization Interface

Managing the business rules and policies of your supply chain operations with no-code
Supervising the fundamental configurations and parameters of Getron Services
Role & permission management for all layers
Data visualization & Service Insights
Direct integration of Getron Services’ work orders to customer ERP
Access to raw data, time series data and data management panel