Retail replenishment
Use Decision Intelligence to make great replenishment decisions. Have the right stock, in the right quantity, at the right store.
We're here to help
Peak’s Decision Intelligence retail replenishment solution recommends the optimal safety stock for each store. Peak supercharges your daily replenishment decisions with AI to help you balance minimizing stock and serving your customers.
Our automatic replenishment solution takes into account stock levels, current sales and any set constraints unique to your business. Our AI-powered platform is then used to predict future demand, optimize replenishment and power automatic stock allocation – continually improving the accuracy of predictions as new data is introduced.
How can you use AI for replenishment?
AI replenishment optimization looks at the current stock count down to a SKU level by location and helps you decide what stock to move around to meet demand at different locations. For example, you may have a situation where the stock allocation system has flagged a potential stockpile at a store, which you can resolve by moving stock to a location where the system has flagged a stock-out.
Benefits of AI for replenishment
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Increase retail revenue
With optimal stock levels and increased availability across your network, you won't miss out on a sale.
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Increase your margin
Avoid stockpiling so you can have less reliance on markdowns to shift excess stock – maximizing your margin.
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Improve customer satisfaction
With stock levels synced to customer demand you can avoid disappointing stock out situations.
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Increase product sell-through
Match your stock to fluctuations in demand in order to maximize sell-through on all SKUs.
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Less time number-crunching
Our platform takes the strain of time-consuming data analysis and provides you with the answers you need to make great allocation decisions.
What decisions can be transformed?
Should I adjust my buffer stock? When, and how much by?
Should I restock my inventory? When, and how much by?
Should I move my inventory to another location?
AI-powered retail replenishment
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Optimal safety stock
Peak helps you make decisions about safety and buffer stock at a higher frequency, ensuring stock levels match demand and business objectives.
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Right stock, at the right location, at the right time
Combine data from your whole network, to make sure each location is fully optimized.
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Lower inventory costs
Our platform helps to reduce inventory levels, by recommending the minimum goods and materials needed to maintain service levels.
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Improved customer satisfaction
Incorporate data about customer relationships and commitments, to maximize service levels.
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Faster and more accurate inventory planning
Peak's platform takes the strain of the analysis, so you don't need to work through massive manual datasets.
Make demand shaping your competitive advantage in retail
Those retailers who are winning in today’s market don’t just react to demand – they shape it.
Demand shaping is the process of creating and controlling your own demand. By connecting your systems and data together with Peak’s Decision Intelligence platform, you can proactively manage stock and manage the competing objectives across your business.
For merchandising, demand shaping means connecting with marketing so you can recommend products to in-market customers before marking down.
For marketing, demand shaping means increasing the efficiency of your paid channels by syncing your website recommendations with stock levels in your warehouse and supply chain.
This is achievable on Peak, since both your customer and product data can be combined, on a platform that allows you to connect solutions and make joined up predictions and decisions across previously-siloed departments.
We're in the Year of Demand
Retail has changed, and brands need to up their game – particularly when it comes to demand, and the importance of delivering a frictionless customer experience. Availability is the new battleground. Flexibility and agility are no longer just buzzwords. And those brands who fail to offer their customers that best-in-class, seamless experience will not simply survive in the new era.
In this guide, we’ll explain why nailing demand is the secret to driving modern retail success – and why it’s time to think differently about the way you view your business, your customers and the value you get from your data.
Meet the platform that makes it possible
Peak gives you everything you need to realize Decision Intelligence across your business, all in one place. Build more than just models. Peak gives data engineers, data scientists and commercial decision makers everything to build and support AI-driven solutions across the enterprise.