Smart Surplus
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Smart Surplus solutions for retail are designed to intelligently manage excess inventory by using artificial intelligence to predict, prevent, and profitably repurpose surplus stock. These solutions help retailers reduce waste, recover value, and improve sustainability.

Solution Description

Surplus Prediction

  • AI forecasts potential overstock at SKU, store, or regional levels.
  • Factors in demand trends, seasonality, promotions, and supply chain delays.

 Root Cause Analysis

  • Identifies why surplus occurred:
    • Over-ordering
    • Inaccurate demand forecasts
    • Failed promotions
    • Supply chain inefficiencies

Markdown & Clearance Optimization

  • Recommends pricing strategies to maximize recovery:
    • Dynamic markdowns
    • Bundling
    • Flash sales
  • AI tests and learns which strategies work best per product and location.

Redistribution & Reallocation

  • Suggests moving surplus to stores or regions with higher demand.
  • Optimizes logistics to minimize cost and time.

Alternative Monetization

  • Identifies opportunities for:
    • Donations (for tax benefits and ESG goals)
    • Recycling or upcycling
    • Secondary markets or B2B liquidation

Sustainability & ESG Tracking

  • Measures environmental and social impact of surplus mitigation.
  • Tracks metrics like waste reduction, carbon savings, and donation value.
Benefits for Retailers
  • Reduced inventory write-offs and holding costs
  • Increased margin recovery from surplus
  • Improved sustainability and ESG performance
  • Enhanced planning accuracy and agility
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