InsightSUITE is the only system that provides future- looking insights for new products. Predict likely winners and losers, unique customer reach, and basket optimization based on zero-party consumer inputs. These results inform key supply chain decisions regarding relative buy depths, allocations, and revised in-season plans so you can optimize inventories and revenues.
Plan & Inventory Optimization
Remove the guesswork related to initial buy depth for new items to drive revenues and minimize inventories.
Allocation Optimization
Optimize allocations for new, high-volume, and high-ticket items per region, cluster, or channel to drive revenues and minimize inventories.
In-Season Optimization
Revise replenishments, allocations, and pricing per region or channel in reaction to business environment changes.
Demand Forecasting
Develop robust models for any pricing scenario and compare demand curves across your assortments to uncover key opportunities.
How do you plan initial buys for a new channel or new category? For high-volume assortments? For high-ticket items? What are the relative buy depths across the assortment? With InsightSUITE, you understand relative buy-depths per region or segment, unproductive SKUs per region or segment, and SKUs that optimize unique reach and/or basket. Make informed decisions that will drive revenues and minimize inventories.
Gain Insight Into:
InsightSUITE informs allocation and assortment mix decisions per region, country, channel, and/or target segment. It provides results to help you optimize assortment mix, unique customers (a.k.a. TURF or Reach), and items per transaction (a.k.a. Basket) per target segment. It also informs relative buy volumes across an assortment by identifying which high-potential items will get the most demand versus others. With customers' guidance, you can allocate your buy spend across the items, as well as across your channels, to maximize revenue and unit sales while minimizing inventories.
Gain Insight Into:
Whether replenishing core or popular seasonal items, managing replenishment plans, allocations, pricing, and promotions is critical in meeting business goals. However, consumers change over time, as do business environments. Historical data and trends are not the best predictors of future performance. Armed with up-to-date forward-looking insights from consumers about specific items and assortments, you can confidently update and revise your plans, thereby maximizing revenues and minimizing inventories.
Gain Insight Into:
Access 100M+ Respondents Globally in Over 150 Countries
Cut 40% on Product Development Time
80% Improvement in New Offering Success Rate
Eliminate 10-30% of Low-Valued Brand Portfolio
Reduce Inventory by 40% and Increase Sales by 6%
© First Insight, Inc.
