Demand forecasting software for Best in Brands

Invento Software Limited helps them to plan their inventory distribution accurately by analyzing their previous sales data.

Demand forecasting software for Best in Brands

About the project

Best in Brands one a global beauty retail company operating in different parts of the world. In their Bangladesh operation they have more than 250+ locations where they provide their products weather it’s their own outlets or other distributors. 

One of their major problem while distributing inventory to all this location is that their calculation on future sales often goes wrong. This creates overstock or stock out situation at different places. Also sales target of different brunch managers influences this problem as well. To solve this we have provided them a demand planning software which helps them to plan their inventory distribution accurately by analyzing their previous sales data. We used machine learning and data mining for the forecasting 

Service Provided

Technologies

Product Team

Product features

Data analyzation with machine learning

Analyze previous data to forecast future sales

Solved stock out and overstock issues

Made inventory distribution easy

invento-erp-graphical-comparison

Challenges

The Solution

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