Smart buying decisions for every product
Our Buying and Rebuying solution recommends which items to buy or rebuy, to increase revenue and reduce inventory investment.
Peak’s Decision Intelligence platform uses AI-powered data to predict the demand for new items and recommend which items to buy or rebuy, and in what quantities. The platform’s recommendations also take into account lead time, to reduce out-of-stocks and prevent overstocking.
Peak helps Buyers and Merchandisers quickly identify popular items, so you can make more intelligent buying and ranging decisions, based on true demand signals.
What your world could look like
The platform combines and enriches your data with AI, to predict future demand at individual SKU level, allowing you to make buying decisions with pinpoint accuracy across the whole product range.
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Inputs
To get you the most accurate results, Peak's platform combines data about product, historical sales, inventory, and suppliers.
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Predictions
Once your data is combined and enriched with AI in the platform, it's used in analysis models that create forecasts of demand, for new and existing products.
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Outputs
The platform recommends the products to buy or rebuy, and the quantity needed to meet demand, while avoiding over stocking.
What decisions can be transformed?
Which products should I buy in my range plan? And what’s the optimal quantity and ratio of sizes?
Which products should I rebuy? And what’s the optimal quantity and ratio of sizes?
Demand and buying, in sync, all the time
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Increased margin
With buying decisions in sync with demand, you can reduce reliance on markdown and sell more products at full price.
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Increased revenue
With Peak, you can identify which items will be hottest and the exact quantity needed to meet demand.
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Improved customer experience
Avoid disappointing out-of-stock incidents and buy the mix of product customers actually want.
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Reduce inventory investment
No more overstocking. Match your buying and rebuying to actual demand.
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Less time spent on manual decision-making
The platform takes on the strain of data analysis, and provides you with SKU level recommendations, tailored to your business goals.
Introducing Demand Intelligence
Buying and rebuying is a part of our wider demand planning application – Demand Intelligence.
It’s designed to help businesses increase forecasting and pricing accuracy to drive profitability, avoid stockouts, optimize inventory sell-through, and reduce wastage.
Discover some of the other ways we can help you supercharge your supply and demand cycle, to maximize profit.