Occubee

Occubee is a SaaS solution for dynamic inventory management based on sales forecasts, a number of algorithms and predefined business rules, leveraging automation and artificial intelligence. The platform ensures optimal product availability while minimizing overstocks and out-of-stocks, both in stores and warehouses. Occubee guarantees the right products, in the right quantities, in the right stores and warehouses, at the right time.

At the core of the platform are Machine Learning models that provide sales forecasts, enabling experts to act proactively and adapt to changing business circumstances. Occubee analyses data across the supply chain and facilitates process automation – automatically generating store and warehouse demands, orders to suppliers and orders to warehouse. By taking over repetitive and time-consuming tasks, it frees up valuable time for specialists to focus on strategic responsibilities requiring their expertise.

Occubee offers a range of functionalities tailored to the needs of diverse retail businesses through its Demand Management and Allocation and Replenishment modules.

Demand Management

The Demand Management module supports demand forecasting, warehouse stock optimization, and orders to suppliers management. It enables better prediction of sales volumes across various product categories over medium- and long-term horizons. The module accounts for the unique characteristics of each warehouse, considering the markets, sales channels, and product types it serves. It automatically generates orders to suppliers while factoring in parameters such as lead time, logistical minimums, transportation units, MOV (Minimum Order Value), and MOQ (Minimum Order Quantity).

With Demand Management, Occubee helps to:

• reduce out-of-stocks, mitigating the risk of lost sales.
• minimize overstocks, unlocking working capital and improving cash flow.
• optimize warehouse space usage according to the specific potential of each facility.

Allocation and Replenishment

The Allocation and Replenishment module supports the initial stocking of stores with new products or collections at the beginning of a season (common in the fashion industry) and the ongoing replenishment of store inventory. The system generates short-term sales forecasts for each SKU at each store in the retail network. By incorporating a wide range of data and parameters, it creates orders to warehouses specifying which products, in what quantities, should be delivered to which stores and when. As a result, Occubee ensures that store inventory levels are optimized both quantitatively (depth of the assortment) and qualitatively (width of the assortment).

With Allocation and Replenishment, Occubee helps to:

• reduce product shortages in stores, directly boosting sales.
• minimize excessive inventory, safeguarding profit margins.
• reduce inter-store transfers, lowering logistical costs.

Business Impact

The business benefits delivered by Occubee include:

• increased sales by enhancing the availability of high-potential products and reducing out-of-stocks.
• higher profitability through margin protection and maximizing sell-through rates at full price.
• cost reduction and improved cash flow by freeing up capital tied in slow-moving or excessive inventory.
• enhanced efficiency by automating processes and relieving experts from time-consuming calculations and repetitive tasks.