AI-Led Demand Forecasting and Replenishment Built for Health, Beauty & Wellness Retail

Stay ahead of trend-driven demand patterns and rapidly changing product mix. Order Right powers accurate, promotion-aware replenishment for every SKU – from influencer hits to the long-tail of your assortment.

Our Customers

Leading retailers and brands across the globe have optimized their supply chain and merchandise planning and execution with Algonomy.

Improved Business Outcomes With AI-Led Replenishment in Health, Beauty & Wellness Retail

Fewer Out-of-Stock Instances

0 %

Reduction in Inventory Investments

0 %

Reduction in

OOS of Promoted Items

0 %

Why Health, Beauty & Wellness Retailers Need AI-Led Replenishment Built for Trends, Promotions, and Long-Tail SKUs?

Short Product Lifecycles

Planners struggle to forecast demand accurately for rapid new product launches and discontinuations, resulting in stock imbalances and lost sales opportunities.

Unpredictable Demand Surges Due to Viral Trends

Viral trends can cause unforeseen demand spikes for certain products and declines for others, leading to stockouts for trending products and obsolescence for overstocked items.

Complex Bulk-Buy Promotions

Adhering to all the planogram-imposed rules and constraints makes the replenishment planning process cumbersome and needs manual intervention.

Significant Long-Tail Assortments

In health, wellness, and beauty retail, slow-moving SKUs drive a significant portion of revenue, and neglecting them erodes sales and loyalty, causing double losses to the retailers.

Optimize Health, Beauty, and Wellness Inventory With Auto-Replenishment Recommendations that Maximize Availability and Minimize Markdowns

Order Right helps retailers overcome challenges like long-tail products, rapid new product launches & discontinuations, promotional and seasonal planning, and ensure high availability

Hierarchical ML Forecasting for Short Product Lifecycles

Forecast demand accurately with hyperlocal precision for each SKU-store combination, and respond to rapid new product launches and phase-outs without compromising availability. Order Right learns from similar SKUs and category history to predict demand for new and discontinuing products without extensive data.

Stay ahead of unpredictable demand surges and declines due to seasonal or influencer-led trends. Protect your margins from cannibalization as Order Right automatically senses promotional spikes and rebalances orders across the category to prevent overstocks and stockouts.

Prevent overstocks or stockouts due to demand deviations from a diverse set of in-store promotions running in parallel. Order Right treats each offer as a distinct feature, capturing its unique cannibalization or growth effects on category demand.

Forecast demand for all types of SKUs, including slow-movers, with equal modeling sophistication to maximize revenue. Order Right applies equal ML rigor to every product-store combination, ensuring accurate forecasts for both top sellers and long-tail SKUs.

Automatically align replenishment to vendor and promotional agreements without risking compliance failures, excess stock, and wasted labor. Order Right automates replenishment plans to uphold mandatory off-shelf display levels, eliminating manual overrides and last-minute rushes.

Automatically incorporate real-time social signals, such as likes, shares, engagement, and more, as predictors. Order Right calculates brand-loyalty scores and incorporates them into the forecasting hierarchy to reflect true intra-category demand dynamics.

Helpful Resources

Explore our resources, case studies, infographics, eBooks, and more for a deeper understanding.

Take your replenishment planning to the next level with Order Right

60%

Fewer Out-of-Stock Instances

20%

Reduction in Inventory Investments

30%

Reduction in OOS of Promoted Items

Get in touch with our Experts