Category Management Collaborative Portal
improve item categories GMROI performance using our AI
Our Products
Benefits Achieved
Accelerating increases to Gross Margin Return on Inventory
At JuiceMantics, we offer to accelerate and maximize profits by helping retailers and the supply chain improve Gross Margin Return on Inventory (GMROI) in collaboration with their suppliers by implementing Artificial Intelligence in Data Science and Optimization. This is achieved through our products:
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Adaptive seasonal and trending demand forecasting.
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Collaborative multi-tier supply chain optimization, improving turnover and minimizing inventory shortages.
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Price and promotion optimization and market basket analysis to maximize sales and profits.
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Assortment variety planning to align with customer preferences.
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Category management, to define and monitor your objectives and benefits.
Strategies
Objectives
Benefits
Initiatives
Actions
Customers and Experience
Success Stories
Antonio Jimenez, Director
Inventory turnover speed improved from 10 to 18 times a year. Distribution Center service level to stores improved to 97% from previous 80% in units shipped. Shrinkage was reduced by 40% on production of meat and fresh items controlling production and recipes.
Roger Zapata, IT Director
The company’s inventory days was reduced 30% by about 10 days in our stores by using the daily inventory data on continuous inventory and real-time updating. Calimax now uses automatic ordering, and that enables them to prevent inventory srink. With the data on seasonal sales and promotional pricing, Calimax has been able to forecast supply needs in order to prevent and minimize out of stocks.
Margins have increased by more than one percentage point with the appropriate use of business intelligence information for purchasing and operations, and analysis by category and item, which provides information about the price elasticity of each segment.
Shrinkage was reduced by more than 50% by using the analysis by category and item, enabling them to take timely action in the stores and the distribution center, thereby improving controls for products subject to theft or expiration.
Santiago Gonzalez, Director
Intelligent Purchasing: … now the system replenishes the products to the shelf based on the best price. This benefit will allow us to improve our margin in one additional point.
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