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Comprehensive Product Management in Retail Thanks to the Synergy of Occubee and SilkPLM

Occubee and SilkPLM are joining forces to provide retail professionals comprehensive product management support. The process begins with inventory planning and ends with stocking stores and warehouses. Thanks to their complementary features, the two platforms will be able to handle every step of a product’s lifespan.

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Occubee is a SaaS system for dynamic inventory management in stores and warehouses. It uses artificial intelligence and machine learning models to forecast sales and demand. Through advanced data analysis across the supply chain, it generates results that ensure optimal product availability throughout the retail network. It helps retailers reduce out-of-stocks and overstocks and increase sales of products at their initial price.

~Julita Ziółek
Sales Team Leader, Occubee

SilkPLM is Consilk’s platform that streamlines product lifecycle management in retail industry. It is cloud-based and powered by AI. It allows for overseeing the processes of ideation, planning, designing, producing, and launching products on the market, integrating data, and facilitating collaboration between teams. Thanks to it, retailers can increase operational efficiency, shorten the time spent on new product development, and better control quality and costs.

~ Magdalena Majchrzak-Puczyńska
Head of Marketing, Consilk

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What does this mean for your company?

By working together we want to maximize the effectiveness of product management in your retail business. As a retailer you benefit the most from the synergy of both solutions. Your business will receive full support in planning and selling collection products. By using both systems, this synergy allows us to better address your biggest challenges:

  • The desire to stand out in the market and quickly respond to new trends,
  • centralizing and aligning product data,
  • ensuring optimal stock levels in warehouses and stores,
  • proper distribution of products across the entire retail network.

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Our platforms simplify your daily operations by leveraging artificial intelligence and advanced data analysis. This enables the automation of repetitive tasks, ensures data and information consistency, and fosters seamless collaboration across teams

Both SilkPLM and Occubee have a modular structure, offering functionalities that’ll cover processes such as budgeting, generating product inspirations, prototyping, ordering from suppliers, transport and logistics, sales and demand forecasting, allocation, and replenishment.

With Occubee and SilkPLM, you’ll unlock the power to:

  • Make smarter business decisions based on consistent, comprehensive data,
  • shift their approach to planning and budgeting from top-down to bottom-up, ensuring greater flexibility and proactivity,
  • free up valuable time for experts by automating routine tasks,
  • improve team collaboration by gathering data in one place,
  • plan product category content and later stock stores more appropriately to meet market demand,
  • and much more.

Comprehensive product management with SilkPLM and Occubee offers a powerful opportunity to boost operational efficiency and drive business growth. Interested in learning more about this collaboration? Reach out to us via the contact form: https://silkplm.com/presentation-form/

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What is Planning and Allocation in Retail?

2024-09-20|Comments Off on What is Planning and Allocation in Retail?

Planning and allocation are the procedures that guarantee the timely delivery of the correct items to the proper locations. Demand forecasting, inventory distribution, and data-driven decision-making are all part of these processes.