Unconstrained Forecast Generation
With Algo’s LSO, businesses can generate unconstrained forecasts at the item-location-day level using advanced analytics. This approach offers an accurate view of demand, helping businesses avoid stock shortages and missed sales opportunities.
Substitute Identification and Calculation
Through the application of machine learning, Algo’s LSO accurately identifies potential substitutes for lost sales. By adjusting the lost sales calculation based on the substitution rate, businesses can gain a better understanding of actual lost sales, leading to minimized lost sales opportunities and increased revenue.
Real-Time Data Analysis
Algo’s LSO provides real-time data analysis, enabling businesses to make data-driven decisions quickly and effectively. This feature allows businesses to adapt swiftly to changes in customer demand and market trends, leading to increased sales and minimized lost sales opportunities.
Seamless Integration
Algo’s LSO solution seamlessly integrates with existing systems and processes, providing a coherent and effective solution for businesses to optimize their sales processes and minimize lost sales.
Key Features
Forecasting
Anomaly Detection
Demand Substitution
Why Choose Algo’s Lost Sales Optimizer?
Understand your lost sales, optimize your inventory levels, and seize every sales opportunity. Choose Algo Lost Sales Optimizer and drive better business outcomes.
Accurate and comprehensive view of lost sales opportunities
Inclusion of substitution between products and channels in lost sales calculation
Versatile range of advanced analytics and machine learning techniques
Real-time data analysis and insights that improve sales and reduce inventory costs
Seamless integration with existing systems and processes
