Data Profits
Curated by SignalDemand forecasting solution that enables retailers to intelligently manage their inventory in order to gain maximized profit
Overview
Data Profits is a demand forecasting solution that enables retaielrs to intelligently manage their inventory in order to gain maximized profit. The cater to mid-market retailers, wholesalers and grocers. Their product iKIS provides information on customer buying pattern that enables retailers to manage inventory. By using advanced algorithms, iKIS generates weekly forecasts across a multi-tier network. They claim to have achieved around 93% accuracy as per May, 2016. The iKIS order management module provides daily auto-generated optimal orders, purchase order tracking and review, vendor KPIs with scorecards, and PO status indicators and metrics. Retaielrs can also create alerts on shelf-life of products. It is a SaaS solution and can be integrated with existing ERP systems like JDE and Island Pacific.
Key facts
- Founded
- 2007
- Headquarters
- Norcross, United States
- Stage
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- Industry
- Retail Technology
Business model
- GTM channel
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- 7 products and services
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- Commercial model
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Contact
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