How It Works
Upload Data / API Integration
Upload excel file or establish API connection. Analyses will appear on the screen in seconds.
Product Classification
The model categorizes products into three groups:
Predictable Sales,
New Products,
Unpredictable Sales.
Predictable Sales : Products in this category have consistent sales speed in selected period of time. The higher percentage of the "Predictable Sales" ratio improves the precision of the sales speed forecast and stock coverage day calculation.
New Products : Application also detects "New Products". And it makes calculations knowing the product is new on sales.
Unpredictable Sales : Marketing activities, product availablity, stock-out situations, customer preference have effect on sales. Because of these reasons some products have inconsistent sales trends in between sales ranges. Model obtains these kind of products and labels them as "Unpredictable Sales". Yet still model estimates a sales speed for the products in this group.
Sales Speed & Stock Coverage Day Calculation
App calculates sales speed and stock coverage days. For each category it makes unique calculations.
