Sparkbox is an AI-powered tool designed to help merchandising teams make data-driven decisions regarding pricing and inventory. It offers features for demand prediction at the product/location level, price optimization, automated buying, and inventory allocation and replenishment. The tool is trusted by global brands and retailers and has demonstrated significant improvements in margin rate, volume, forecast accuracy, and team time savings. Sparkbox is cloud-deployed and IT-light, requiring only a simple data feed to get started. It complements existing tech stacks and handles data onboarding without needing cleansing or product matching. The AI considers both internal and external data to respond quickly to market trends. The company consists of former retailers with expertise in merchandising, data analytics, forecasting, and optimization.
• allocate & replenish
• automate buys
• optimise price
• forecast demand
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