Cloud-based platform to capture demand and streamline supply

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Status: Active

Problem

The global commerce environment changes at a rapid pace, especially for consumer goods companies. Companies need to ensure products are available where and when consumers want them. On the other hand, manufacturers have functional silos, backwards-looking reporting and rigid supply chain processes. Thus need arose for development of a modern technology platform that helps ensure products are available where and when the consumers want them. A platform that connects real-time demand data from the point-of-sale through supply chain to inform sales, marketing, supply chain and planning decisions. It shall also enable organizations to analyze and find insights in point-of-sale, forecast, inventory, order and shipment data across all of their retailers ‚Ai with just a couple of clicks.

Solution

The cloud based platform was designed that couples end-to-end inventory and shipment visibility with sell-in and sell-through analytics to surface relevant insights in real-time. It equips consumer goods brands to capture demand and streamline supply by breaking down silos within and across supply chain, sales, and marketing teams. Team members and leaders can proactively address risks and maximize opportunities as they monitor demand trends, evaluate performance against forecasts and drive collaboration internally and with partners to adjust execution and plans ‚Ai down to the SKU/store/day level. While preventing lost revenue from out-of-stocks and phantom inventory, they also lower the costs of inventory holding, expedited freight, spoilage, and markdown by efficiently responding to what and where consumers buy.

Future Plan

They seek to continue innovating and working in close partnership with their customers to build a robust product platform that meets users‚ current and future needs.

Key Technology Used

Artificial Intelligence (AI)Machine Learning (ML)

Benefits to the end-user and Government

• Provides sales performance analysis.
• Enables performance review across retailers/channels.
• Conduct root cause analysis for inventory issues.
• Identification of out-of-stocks and phantom inventory.
• Evaluation of impact of promotions. Identification of overstocks and excess inventory.
• Real-time analytics enable quick fixes to problems before they cost the company more money.

Impact

Alloy‚ client list includes Ferrero, Valvoline, Bosch, Facebook, Circuit and more. Over 55% of users cited Alloy‚ collection, aggregation and harmonization capabilities as a key need. Alloy has also enabled over 40% of customers to do analysis they simply weren’t‚ able to before. In addition to the data itself, Alloy, purpose-built analytics and dashboards elevate team‚ analytical capabilities and unlock new insights.

Funding Source

8VC Menlo Ventures Refactor Capital

Funding and Annual Revenue

$ 15.3M

Reference URLs

Project Website

Alloy.ai

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Simfoni - Automate, Streamline and Simplify procurement

Sector: Supply chain

Country: USA

Data is driving decisions in the supply chain Infrastructure