Get the most advanced, science-based answers to the questions that plague retailers the most — what and how much to buy, and when and where to place the products — with our comprehensive merchandise optimization solution, resulting in fewer markdowns and increased sell through.
Know
What
Know
Where
Know
When & How Much
Use the latest AI techniques to reveal which attributes matter most, and analyze the way different factors influence customer demand and product performance. You’ll be able to give your customers what they want by determining the optimal number of customer choices for your master assortment, and the optimal assortment mix through quantified attribute recommendations.
Generate tailored assortments at a hyper-localized level, optimizing the assortment across all locations for all products, and automatically solving the “breadth” of the assortment plan. Intelligently assign products into predetermined location clusters, or create new ones using customer-behavior data and product attribute forecasts while adhering to operational constraints.
Calculate the optimal quantities to buy, re-order, or distribute at any point in time and for any point in the product life cycle. By using the same forecasting and optimization models across the product life cycle, you’ll ensure alignment between inventory buying and distribution, all while taking into account demand trends and unforeseen events.
Have peace of mind knowing that your forecasting system, data, and process are being checked periodically by retail forecasting experts. We’ll tune your system and parameters while recommending changes to the configuration, user training, and data fields as needed to ensure you’re achieving the most accurate forecasts to deliver the expected value.
Founded by experienced data scientists and retail experts, Cognira is the leading artificial intelligence solutions provider.