On Shelf Availability: 3-Wk Pilot Implementation
Tredence Inc
Objective: Develop a solution using ML based diagnostic and predictive analytics that identifies root-causes of stock-outs and off-sales behavior and generates custom alerts to take preemptive action against lost opportunity.
Key Challenges Addressed:
- Current systems can track and capture Out-of-Stock (OOS) but lack accurate forward looking forecasts
- End to end inventory visibility
- Lack of a system that proposes preemptive alerts and strategic changes"
How do we address your challenges:
- ML driven predictive models based solution is build to identify the OSA levels in the stores and thus identify underlying issues.
- Provide competence in handling issues of inventory and shelf mismanagement by monitoring phantom inventory and safety stock.
- An accelerator to actively generate prioritized alerts at channel-Store-SKU-Daily level to minimize lost opportunity.
Pilot Outcome: Scope: 1 country; 1 retailer; ~500 stores; 2-3 SKUs
One time alert list generated based on sales behavior by SKUs
Implementation Plan The break-up of the implementation plan is as below: Week 1 - Data discovery and data ingestion Week 2 - OSA Solution building - Exploratory data analysis followed by ML modelling to identify OSA levels in the stores Week 3 - Alerts generated with required granularity and prioritization.
This implementation uses the following native Azure components: ADF pipelines ADLS Gen 2 Azure SQL database Azure ML Power BI