Impact Analytics

Booth # 5167,

Linthicum Heights, MD

No countries listed

Impact Analytics offers a holistic suite of AI powered solutions to help brands future-proof their businesses using predictive analytics. The company has been pioneering and perfecting the use of AI in retail forecasting, planning, and operations for nearly a decade, serving the retail, grocery, manufacturing, and CPG industries. With tools for planning, forecasting, merchandising, and pricing, Impact Analytics enables retailers to make smart data-based decisions rather than relying on last year’s figures to forecast and plan this year’s business. The company also offers tools to automate functions the industry has long managed manually by spreadsheet and to unify and streamline reporting, so executives can rely on a single source of truth when making decisions. Impact Analytics was founded and is led by Prashant Agrawal, a former senior consultant at McKinsey and Boston Consulting Group and current Adjunct Professor at Columbia University who teaches about the use of AI in retail.

Product & Service Categories:

AI Recommendations, Forecasting, Price, Promotion and Markdown, Assortment/Category Management, Planning and Execution, Forecasting, Fulfillment & Replenishment Services, Inventory Control Systems

Products

PriceSmart
Build Effective Pricing Strategies and Improve Profits AI-powered PriceSmart™ by Impact Analytics leverages the latest trends, price elasticities, competitor pricing, and more to drive initial (or base) pricing, promotional, markdown, and clearance pricing decisions that maximize profitability. Key Features <ul> <li dir="ltr"> Customizable pricing strategy templates </li> <li dir="ltr"> Dynamic price elasticity analysis </li> <li dir="ltr"> Comprehensive price performance analytics </li> <li dir="ltr"> Full life cycle pricing management </li> <li dir="ltr"> "What-if" scenario simulations </li> <li dir="ltr"> Tailored business configurations </li> <li dir="ltr"> Automated markdown and dynamic pricing recommendations </li> </ul> Benefits <ul> <li dir="ltr"> Maximizes revenue with optimal pricing </li> <li dir="ltr"> Increases profit margins efficiently </li> <li dir="ltr"> Improves competitiveness through strategic pricing </li> <li dir="ltr"> Enhances decision-making with data-driven insights </li> <li dir="ltr"> Boosts customer satisfaction with fair pricing </li> </ul>
AssortSmart
Optimize Assortments, and Improve Margins and Turns AssortSmart leverages AI to simplify, localize, and optimize the assortment process. Our AI-powered retail assortment planning solution helps you build a strategy with localized consumer demand patterns, leading to increased customer satisfaction, improved turns, and gross margin growth. Key Features <ul> <li dir="ltr"> Size curve and pack optimization </li> <li dir="ltr"> Customer-centric, location-driven assortments </li> <li dir="ltr"> Intelligent store clustering for optimal sales </li> <li dir="ltr"> Automated hindsight analysis and plan comparisons </li> <li dir="ltr"> Store-level assortment validation </li> <li dir="ltr"> Dynamic inventory management </li> <li dir="ltr"> Real-time data analytics and reporting </li> </ul> Benefits <ul> <li dir="ltr"> Maximizes sales with tailored assortments </li> <li dir="ltr"> Increases profitability through smart clustering </li> <li dir="ltr"> Enhances inventory accuracy and efficiency </li> <li dir="ltr"> Improves customer satisfaction with precise sizing </li> <li dir="ltr"> Streamlines planning with automation and insights </li> </ul>
InventorySmart
Streamline Inventory Allotments and Optimize Inventory Flow InventorySmart leverages AI and ML to predict future demand at the SKU/location level, ensuring you have the right product in the right place at the right time. It ensures efficient inventory optimization by leveraging predictive analytics for the greatest accuracy on what, when, and where to push allocations and pull replenishment orders. Key Features <ul> <li dir="ltr"> Automate inventory allotments </li> <li dir="ltr"> End-to-end inventory optimization </li> <li dir="ltr"> Real-time inventory tracking and reporting </li> <li dir="ltr"> Demand forecasting and planning </li> <li dir="ltr"> Comprehensive stock level management </li> <li dir="ltr"> Customizable dashboards and analytics </li> </ul> Benefits <ul> <li dir="ltr"> Boosts inventory accuracy and efficiency. </li> <li dir="ltr"> Maximizes sales with optimal stock levels. </li> <li dir="ltr"> Reduces overstock and stockouts. </li> <li dir="ltr"> Enhances decision-making with real-time data. </li> <li dir="ltr"> Improves profitability through precise planning. </li> </ul>
ForecastSmart
Enhance Forecast Accuracy and Agility with AI-Powered Forecasting ForecastSmart generates accurate forecasts using machine learning for all SKUs at the store, style, or any hierarchy level throughout their entire lifecycle. Its powerful models enhance forecast precision to highly reliable levels. Its visual component enables planners to clearly understand the impact of different variables on demand and adjust these levers based on real-time exceptions for more agile and effective demand planning. Key Features <ul> <li dir="ltr"> Roll up/down plans easily </li> <li dir="ltr"> Validate and adjust forecasts </li> <li dir="ltr"> Real-time exception management </li> <li dir="ltr"> Integrates with legacy processes </li> <li dir="ltr"> Handles volatile, low-volume scenarios </li> <li dir="ltr"> Collaborative demand planning workflows </li> <li dir="ltr"> End-to-end supply chain visibility </li> </ul> Benefits <ul> <li dir="ltr"> Boosts demand forecast accuracy </li> <li dir="ltr"> Reduces inventory carrying costs </li> <li dir="ltr"> Increases service levels and efficiency </li> <li dir="ltr"> Improves responsiveness to market changes </li> <li dir="ltr"> Optimizes supply chain performance </li> </ul>
PlanSmart
Elevate Financial Performance with Strategic Merchandise Planning PlanSmart is an AI- and ML-powered merchandise financial planning tool. It uses long-range forecasts to generate optimized plans based on key constraints and strategic objectives at multiple levels of the product hierarchy. It leverages unlimited data and AI for scenario modeling, budgeting, forecasting, and revenue planning instead of static spreadsheets. Key Features <ul> <li dir="ltr"> Top-down and bottom-up planning </li> <li dir="ltr"> Pre-season and in-season planning </li> <li dir="ltr"> Auto-updates with re-forecasted data </li> <li dir="ltr"> Scenario planning and version control </li> </ul> Benefits <ul> <li dir="ltr"> Improves financial planning accuracy </li> <li dir="ltr"> Enhances agility with real-time updates </li> <li dir="ltr"> Boosts profitability through better planning </li> <li dir="ltr"> Streamlines planning with automation </li> <li dir="ltr"> Facilitates strategic decision-making </li> </ul>

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Products

PriceSmart

AssortSmart

InventorySmart

ForecastSmart

PlanSmart