The name of the base system (platform): | Artificial intelligence (AI, Artificial intelligence, AI) |
Developers: | SAS Institute Inc. (SAS Institute) |
Last Release Date: | 2020/01/17 |
Branches: | Trade |
Technology: | SCM, SaaS - Software as service |
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SAS Intelligent Planning Suite is schedule system of goods which uses analytics of retail for support of multichannel business strategy.
2020
As a part of a portfolio of cloud solutions for retail and CPG
On August 25, 2020 the company SAS provided a portfolio of cloud solutions for retail and suppliers of CPG (consumer packaged goods, with engl.- mass sales items), available in cloud the environment Microsoft Azure. The services entering it are intended for planning of supply chains and optimization of warehouse stocks taking into account consumer demand. In addition to the solution for analytical selection of goods substitutes, Retail & CPG Cloud Analytics Quickstart enter a packet SAS Viya, SAS Visual Forecasting, SAS Intelligent Planning Suite, SAS Intelligent Decisioning and Data Mining SAS Visual and Machine Learning. In more detail here.
Multicloud deployment, switching from some suppliers of cloud services to others
On January 17, 2020 it became known that updates of a solution package of SAS Intelligent Planning Suite involve advantages artificial intelligence (AI) and cloud technologies to help the companies to localize the range, to optimize stocks, to automate forecasting and to maximize profit.
AI and methods of profound analytics transform retail. We see that such technological solutions as SAS, help to make better reasoned decisions and to achieve at once several goals of business. Optimization of the product range, pricing and inventory management helps to increase at the same time sales and to improve client experience, comments Brian Kilkurs, the managing partner of the RSR company which is engaged in marketing researches
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According to recent poll of RSR 'Mastering the Art of Merchandising In the Technology Age', only a half of retailers are satisfied with the current procedures of merchandising and pricing.
It is important that technologies continued to develop and reach users, in retail a big request for improving demand forecasting and assortment planning, is sure Brian Kilkurs
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The updated packet of SAS Intelligent Planning relies on experience of SAS company in work with retailers and creation of complete solutions for planning of stocks, merchandising, demand forecasting, commodity and client analytics. The updated architecture allows to carry out multicloud deployment, to switch from some suppliers of cloud services to others, to add services on other cloud platforms, etc.
The last improvements of SAS Intelligent Planning Suite use the power and possibilities of the SAS Viya platform – a unified environment for large-scale data processing, researches, profound analytics and the systems of artificial intelligence. SAS Intelligent Planning helps retailers to create complete idea of clients and also gives them the chance to implement analytics in all processes that provides:
- localization of the range of goods in scales of the market, the region, city or separate shops;
- increase in accuracy of sales planning and forecasts;
- optimization of stocks for the maximum satisfaction of customer needs and minimization of stocks in a warehouse;
- the optimal prices for increase arrived also decrease in need for big discounts and permanent stimulation of demand.
In the conditions of fierce competition the leading retailers and producers, such as Carrefour, Grupo Exito and Nestle, rely on solutions of analytics of SAS in processes of optimization of stocks on the basis of demand forecasts.
Demand forecasting is crucial for Grupo Exito, retail group in South America. Forecasts influence all processes – from sales and interaction with personnel before production and replenishment of warehouses. The company for January, 2020 has 2600 shops and developing online and business, and even small optimization of warehouse positions leads to considerable improvements in general. In case of Grupo Exito of the analyst of SAS helps to reduce stocks, to increase the forecast accuracy and efficiency of demand planning and also to analyze demand data practically in real time. Control over data and an opportunity quickly allow to react Grupo Exito more precisely and to manage flexibly supply chains.
Before implementation of SAS we could plan only for the week ahead. Now we plan for 52 weeks. Thanks to it we manage inventory quantity and we make more exact purchases, we reduce losses and we increase sales, told Sandra Orrego, the planning manager of demand in Grupo Exito
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In Russia for January, 2020 users of solutions of SAS are such players of the market as Intersection, Pyaterochka, L'etual, Erkafarm, Duck-bill, Alphabet of Taste, "Pharmacy chain 36.6" and other companies.